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

Green Car Congress

We will jointly design and develop the next generation of smart electric cars that combine high-quality production and known safety standards for sale both in China and globally. Future production will be located in China. Mercedes-Benz is investing €500 million on the Hambach plant.

Global 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

Green Car Congress

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. Sales in the US totalled 1 million units, down by 38% from March 2019—a smaller decrease than both China and Europe. million units.

Europe 261