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Quirky Smart Car Headed To China

It’s the car brand that refuses to die. Originally conceived via a partnership with Swiss watch company Swatch Group AG, now Daimler is forming a joint venture with Zhejiang Geely Holding Group to transform Smart into an all-electric brand based in China. Daimler will build a factory in the country and start worldwide sales in 2022, switching from importing the car now made at a factory on the Franco-German border, according to Bloomberg.

Read the whole story at Bloomberg »

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