Company type | Joint venture | ||||||
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Industry | Automotive | ||||||
Founded |
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Headquarters | , China | ||||||
Key people | Tong Xiangbei (CEO) | ||||||
Products | Electric vehicles | ||||||
Owners |
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Subsidiaries |
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Chinese name | |||||||
Simplified Chinese | 智马达汽车有限公司 | ||||||
Traditional Chinese | 智馬達汽車有限公司 | ||||||
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Website | smart | ||||||
Footnotes / references [1][2][3][4] |
Smart (stylized in lowercase) is a German automotive marque established in 1994. Smart Automobile Co., Ltd. is a joint venture established by Mercedes-Benz AG and Zhejiang Geely Holding Group in 2019 and aimed at producing Smart-badged cars in China to be marketed globally. The venture is headquartered in Ningbo. Originally, the marque was known for producing microcars and subcompacts, primarily the Fortwo and Forfour, at Smartville in Hambach, Moselle, France and additionally at Renault's Revoz plant (Novo Mesto, Slovenia). It now produces small battery electric vehicles at a manufacturing plant in China, with distribution, marketing and aftersales activities in Europe handled by Smart Europe GmbH, which is headquartered in Stuttgart, Germany.
The marque was founded in 1994 by Micro Compact Car AG (MCC), a joint venture between SMH and Daimler-Benz. MCC became a wholly owned subsidiary of Daimler-Benz in 1998, and was subsequently renamed MCC smart GmbH, then smart GmbH. smart GmbH was then absorbed by DaimlerChrysler (later Daimler AG) in 2006, making smart a marque within the Mercedes-Benz Cars division.[5]
The name Smart derives from the cooperation of the Swiss company Swatch with Mercedes-Benz: "Swatch Mercedes ART".[6]