Smart, half-owned by Geely Group and Mercedes-Benz, is expanding its offerings to include plug-in hybrid electric vehicles (PHEVs) alongside battery electric vehicles (BEVs) in response to changing consumer preferences, particularly in the rising PHEV market in China. The new Smart #5 will feature both powertrains, illustrating the brand's strategic pivot to enhance competitiveness and sales. This aligns with Geely's broader approach for its subsidiaries, aiming to meet diverse consumer demands while maintaining a sustainable vehicle lineup.
Smart's shift to offer both electric and plug-in hybrid powertrains ensures its survival amidst fluctuating EV demand, especially in key markets like China.
This decision to diversify powertrains mirrors Geely's strategy with other brands, allowing more flexibility in meeting consumer preferences.
The Smart #5 will feature a plug-in hybrid powertrain potentially borrowing from Geely's other models, highlighting the brand's integrated platform approach.
Smart's new lineup reflects a broader trend among automotive manufacturers to adapt to changing consumer demands for flexible fuel options.
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