Daimler Announces End of Smart Car Sales
April 30, 2019—Daimler is ending sales of its all-electric smart fortwo cars in the U.S and Canada, according to a report by TechCrunch.
“After much careful consideration, smart will discontinue its battery-electric smart EQ fortwo model in the U.S. and Canadian markets at the conclusion of MY2019,” a Daimler AG spokesperson wrote in an emailed statement, reported TechCrunch. “A number of factors, including a declining micro-car market in the U.S. and Canada, combined with high homologation costs for a low volume model are central to this decision.”
This isn’t the end of the smart vehicles for Daimler altogether. In March, Daimler announced a joint venture with Zhejiang Geely Holding Group to transform smart into an all-electric brand based in China, according to the story.