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Mercedes-Benz and Geely Holding formally establish smart brand as global JV

On January 8, Daimler informed that Mercedes-Benz AG (Mercedes-Benz) and Zhejiang Geely Holding Group (Geely Holding), the German and Chinese automotive groups, announced that they have formally established the global joint venture “smart Automobile Co., Ltd.” to develop next- generation premium electric smart vehicl....

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