Daimler and Geely Holding form global joint venture to develop smart

On March 28, Daimler informed that Daimler AG (Daimler) and Zhejiang Geely Holding Group (Geely Holding) announced the formation of a 50-50 globally focused joint venture based in China to own, operate and further develop smart, the pioneer of small urban vehicles, as a leader in premium-electrified vehicles.
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