Geely, Mercedes-Benz launch $780 million JV to make electric smart-branded cars

January 8, 2020 admin Business News Comments Off on Geely, Mercedes-Benz launch $780 million JV to make electric smart-branded cars

Zhejiang Geely Holding Group Co Ltd and Mercedes-Benz on Wednesday said they would each invest 2.7 billion yuan ($388.77 million) in a China-based venture to build “premium and intelligent electrified” vehicles under the smart brand.

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Source:: Reuters – Business News