Daimler, Renault extend electric cars deal- paper

Newswire

* Renault, BMW agree on Smart, Twingo supply deal - paper * BMW seeks alliance for electric engines business - paper FRANKFURT, Feb 27 (Reuters) - Renault and Daimler have reached a new deal under which the former will develop electric motors for the Smart and Twingo brands, while the latter will supply batteries, a German paper reported. "By doing this we will immediately be able to boost sales," Daimler's head of research and development Thomas Weber told Germany's Stuttgarter Zeitung ...

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