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 »
Posts Tagged: Smart ForTwo Electric Drive
Mercedes-Benz is in the process of building out hubs for the production of EVs and batteries around the globe, and plans to build its EVs in six plants on three continents. By 2022, Daimler plans to have at least one electrified option in all Mercedes model series. The company will offer more than 50 electrified… Read more »
The all-new 2017 smart electric drive will be $1,200 less expensive than the outgoing model, starting at $23,800 for the coupe and $28,000 for the cabrio (not including a $750 destination charge and federal and state incentives). Arriving at US dealers this summer, the next-generation smart electric drive will have improved range, more power, more space and additional standard features. Daimler… Read more »
Daimler has cranked up the voltage several notches with a series of EV-related announcements. The German auto giant plans to invest €7 billion ($7.9 billion) in green tech R&D over the next two years. Mercedes’ seventh and eighth PHEV models, the GLC Coupé 350 e 4MATIC and the E 350 e, are to arrive in… Read more »
The main factor holding back the electromobility revolution may be a simple lack of familiarity, and Daimler has come up with a brilliant idea to change that. The German automaker has partnered with the ACADEMY chain of driving schools for a pilot project that aims to make EVs an integral part of driver training. Starting… Read more »
Daimler plans to invest around €100 million ($125 million) to expand production capacity for lithium-ion batteries at its Deutsche ACCUmotive subsidiary. A new building is under construction in Kamenz, Germany, and when it is completed in mid-2015, Deutsche ACCUmotive will have nearly 20,000 square meters of production and logistics space. “Deutsche ACCUmotive will be producing… Read more »
Daimler has agreed to acquire Evonik’s shares of Li-Tec Battery GmbH and Deutsche ACCUmotive GmbH, making Daimler the sole owner of the two companies. In recent years, Daimler and Evonik have worked together to develop industrial series production of lithium-ion battery cells for EVs. The two companies produce the batteries used in the current model… Read more »
US plug-in sales set no new record in May, but the total of 7,554 units wasn’t too far behind the all-time monthly sales record of 8,559, set in December of 2012.
At Geneva’s enormous Palexpo convention center, it’s obvious we’re not in Detroit – there’s hardly a pickup truck in sight, and the wine and coffee are flowing freely. Reflecting Europe’s colorful collage of cultures, a vast variety of vehicles from hybrids to EVs to seven-figure super-sports cars are spinning on the turntables. Europe is just… Read more »
When the smart fortwo electric drive goes on sale in the US next month (at a base price of $25,750), buyers will have the option of renting the battery for a monthly fee.