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Electric cars are popularly perceived as the front-runner of the alternate fuel competition, but successfully developing EVs has proved a difficult and expensive task. To help share the burden and the expertise necessary to get an electric car to market, Daimler AG, parent company of Mercedes-Benz, and Tesla, builder of the high-performance Roadster EV, have revealed a partnership to build the upcoming electric Smart car. The partnership, formed in 2007, consists of a contract from Daimler for the manufacture by Tesla of an initial run of 1,000 all-electric powertrains.
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