Daimler to deploy 250 electric Smart cars in US cities this fall

The Smart ForTwo electric vehicle promises an 82-mile range on a single charge

Motor manufacturer Daimler will launch its electric micro-car, the Smart ForTwo, in the United States this fall.

The company is aiming to catch the latest urban trend for more cleaner transport in urban areas with a roll-out of 250 electric vehicles in select regions of the country in October.
The Smart car is being distributed via Smart USA, a subsidiary of auto dealers Penske Automotive Group, Inc., headquartered in Bloomfield Hills, Michigan.

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Daimler, BYD join for electric cars

BYD Co., the Chinese automaker backed by billionaire Warren Buffett, and Daimler have set up a venture to develop electric cars in the world’s largest auto market.

Daimler, the world’s second-biggest manufacturer of luxury cars, and BYD will invest $88 million in the 50-50 partnership in China, the carmaker from Stuttgart, Germany, said in an e-mailed statement last week.

Daimler is pushing into electric-vehicle production in China to challenge luxury leader BMW, while the venture gives Shenzhen-based BYD access to Daimler’s technologies. Battery-powered electric vehicles may make up 3 percent of the more than 90 million cars sold globally by 2020, consulting company IHS Global Insight said.


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