Daimler Starts Production of Electric-Powered Smart Beating BMW
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Daimler AG, the third-biggest maker of luxury vehicles, started sales and production of its first mass-market electric car today, beating Bayerische Motoren Werke AG with the introduction of an emission-free model.
Daimler began assembly of the Smart Fortwo electric drive at a factory in Hambach, France, which is being upgraded for more than 200 million euros ($251 million), the Stuttgart, Germany-based company said in an emailed statement. Deliveries will start later this year.