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Mercedes-Geely venture Smart expands #2 roll-out in China with Premium trim

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Mercedes-Geely venture Smart expands #2 roll-out in China with Premium trim

Smart launched the Smart #2 Premium in China on Thursday with a limited-time starting price of 99,900 yuan ($14,880) after incentives.

The Premium trim has a list price of 102,900 yuan. Launch benefits include a 3,000 yuan purchase incentive.

Smart is a joint venture brand between Mercedes-Benz and Geely Auto (HKEX: 0175). The #2 is the all-electric successor to the classic ForTwo 2-seat city car.

The launch continues the #2's market roll-out. The production model made its global debut at the Paris Motor Show on October 12.

On the same day, Smart launched the Couture Edition in China at an official retail price of 112,999 yuan. That version is limited to 999 units each in China and Europe, with separate allocations for the 2 markets.

Designed by Mercedes-Benz's global design team, the #2 is built on the Electric Compact Architecture (ECA), a platform developed specifically for ultra-compact electric vehicles.

Purchase incentives also include subsidies for existing owners. Smart owners trading in their vehicles can receive a 10,000 yuan subsidy, while those making a repeat purchase can receive 5,000 yuan. Both offers extend to owners of combustion-engine Smart models, but the 2 benefits cannot be combined.

For a limited time, buyers can also select an optional exterior color normally priced at 3,000 yuan at half price, and purchase a Smart-branded charging unit with basic installation for 2,900 yuan.

The car measures 2,751 mm in length, 1,669 mm in width and 1,555 mm in height, with a wheelbase of 1,875 mm. It retains the ForTwo's 2-door, 2-seat proportions and "wheels-at-the-corners" layout.


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