Geely, Mercedes-Benz Form JV to Produce Smart-Branded Electric Cars
08 1월 2020 - 7:26PM
Dow Jones News
By Martin Mou
Zhejiang Geely Holding Group Co. and Mercedes-Benz have
established a 50-50 joint venture in China to produce smart-branded
electric vehicles.
Geely and Mercedes-Benz will each contribute 2.7 billion yuan
($388.8 million) to the venture, Geely said in a statement
Wednesday.
The venture is expected to roll out its first batch of electric
vehicles in 2022, Geely said.
Write to Martin Mou at martin.mou@wsj.com
(END) Dow Jones Newswires
January 08, 2020 05:11 ET (10:11 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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