The joint venture will see cars assembled at a purpose built electric vehicle factory in China.
Daimler and Geely Holding have announced a new joint venture to further develop Smart electric vehicles.
div > div.group > p:first-child"> "We will jointly design and develop the next generation of Smart electric cars that combine high-quality production and known safety standards for sale both in China and globally," Dieter Zetsche, who is chairman of the board of management at Daimler and head of Mercedes-Benz Cars, said in a statement Thursday.
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