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Daimler and Geely Holding form global JV for smart; new generation of electric models

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Daimler AG and Zhejiang Geely Holding Group , the German and Chinese automotive groups, have formed a 50-50 globally focused joint venture to own, operate and further develop smart, the pioneer of small urban vehicles, as a leader in premium-electrified vehicles.

Global 259
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Mercedes-Benz will be producing 8 all-electric EQ models in 2022

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High-efficiency battery systems will also be manufactured and assembled within the production network. Just a few months later the German-Chinese production joint venture, Beijing Benz Automotive Co. EQA production will also follow next year (2021) at BBAC in Beijing for the Chinese market. kWh/100 km) in Novo Mesto, Slovenia.

Mercedes 259
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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

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Markets were significantly hit in Italy, France, Spain, Austria, Ireland, Slovenia, Greece and Portugal, where the combined volume fell from 634,600 units in March 2019 to 161,800 units last month. MG (owned by the Chinese SAIC) was the only group to post an increase in registrations, with its volume jumping from 1,327 to 2,592 units.

Europe 261