Electric Scooter from smart Slated for 2014
Daimler is going to try expanding the smart product line once again, this time with an electric scooter that’s set to bolster the brand in 2014. The new product is seen as something that not only ties up with the company’s goals, but also as something that can perk up smart’s earning power. In terms of sales figures and earnings, smart isn’t exactly the cash cow among Daimler’s many divisions. With losses adding up to around 1.5 billion euros ($1.93 billion) since 1998, it’s important to expand the product range. The electric scooter will also help solidify smart’s status as a specialist for city transport, since allows the brand to… Continue Reading »