The German automotive brand 'smart' was originally established in 1994 by Micro Compact Car AG (MCC), a joint venture between Swatch's SMH parent and Daimler-Benz. The deal fell through quickly, and ...

Forbes contributors publish independent expert analyses and insights. James Morris covers the rapidly growing world of electric vehicles. Smart used to be an automaker with a niche: small city cars.

The Smart #5 will be sold with both electric and plug-in hybrid powertrains. This move likely comes after the huge rise of PHEV popularity in China, which is expected to be on of the #5 main markets.