Smart eyes European production for electric cars

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European boss says firm is considering new production sites; warns tariffs could increase prices

Smart could start building electric cars in Europe in a bid for increased efficiencies as it ramps up its global expansion plans and fleshes out its model line-up.

“We currently – and I think it has been the stance of Smart over more than 25 years now – do not see protectionism as the answer to today's problems, and we also sincerely believe in and hope that the two continents will find a solution that does not end in a trade war. So we keep our fingers crossed.

 

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