Daimler to develop Smart brand together with Geely

March 28, 2019

FRANKFURT/BEIJING (Reuters) – Daimler on Thursday said it will develop its next generation of Smart electric vehicles in China through a joint venture with rival Geely, deepening an alliance between the two carmakers.

Daimler said it will build next generation Smart vehicles at a purpose built factory in China, and share its expertise in manufacturing, engineering and design with Geely.

(Reporting by Edward Taylor; editing by Thomas Seythal)

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