trending Market Intelligence /marketintelligence/en/news-insights/trending/MoZWIHVnSuje__MvvSpXkg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

EU clears Daimler-Geely's Smart electric car JV

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform


EU clears Daimler-Geely's Smart electric car JV

The European Commission has cleared Daimler AG and Zhejiang Geely Holding Group Co. Ltd.'s 50/50 electric car joint venture under the Smart brand, the European Union's executive arm said Dec. 11.

The EU's approval came nearly nine months after Germany's Daimler sold 50% of its stake in its Smart brand of electric cars to China's Geely, paving the way for the creation of the joint venture. The two companies will commence sales of the new generation of Smart cars in 2022.

In its decision, the EC said it concluded that the joint venture would raise no competition concerns as the overlap between the activities of Geely and Daimler are limited. The commission added that a number of carmakers offering the same product would remain in the market after the establishment of the joint venture.