Posts Tagged: Smart For-us

Mercedes-Benz and Geely register smart Automobile Co. joint venture in China

Automotive powerhouses Mercedes-Benz and Geely have formally established the global joint venture “smart Automobile Co., Ltd.” for the smart brand. Each company will contribute 2.7 billion RMB in capital. The new JV, headquartered in Hangzhou Bay, China, will design the new vehicles using the Mercedes-Benz Design network, while Geely Holding will be responsible for development… Read more »