Mercedes & Geely joint venture for Smart ready to go
The China joint venture between Mercedes-Benz and Geely around Smart announced at the end of March last year has now been formally established with all relevant final approvals from Chinese authorities. The first electric Smart cars made in China are to be launched on the market in 2022.
Mercedes expands battery offensive
Mercedes-Benz has announced an expansion of their battery offensive for the near future. In particular, the locations in Singelfingen and Untertürkheim will receive the newest facilities in Mercedes’ global battery production network.