LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Smart introduces LFP-powered ‘Pro’ model of its #1 compact crossover, priced under $40,000

Robert Frost by Robert Frost
October 16, 2023
in Industries
Smart introduces LFP-powered ‘Pro’ model of its #1 compact crossover, priced under ,000
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


Following the launch of its all-electric compact crossover called the #1, smart has introduced a new lower priced base model called the “Pro.” By switching to LFP batteries, the #1 Pro offers lower range than its trim siblings, but at a more affordable price for consumers.

Germany’s Smart Automobile Co., Ltd. was founded in the ‘90s and has made a reputation for itself thanks compact cars designed specically for crowded urban centers. These days, the marque operates under parent company Mercedes-Benz AG.

You might also like

Big Tech’s AI data center push is spawning a new heat economy

Electric take on winter weather while Tesla’s sales slide continues

EVs promised cleaner air. Satellites say it’s finally happening.

In 2019, smart’s parent company announced a joint venture with Geely Holding Group to produce smart badged cars in China as well. That same year, smart began a drastic transition to electrification by dropping combustion engines for electric powertrains only.

In February of 2022, smart unveiled its #1 compact crossover SUV as its true emergence as an all electric brand. Although smart ceased selling its models in North America in 2019, we’ve seen the #1 emerge in Europe, beginning with four separate trims ranging in price.

Now, smart has announced a more affordable base model of the compact crossover that utilizes LFP batteries – perfect for consumers who don’t need to drive as far and want to save some cash. Check it out.

Smart #1 Pro offers power price for less range

Today, smart introduced the #1 Pro – the most affordable version of its latest EV to date. Contrary to its previous trims housing 66 kWh nickel-manganese-cobalt (NMC) batteries, the #1 Pro features a smaller 49 kWh battery pack, equipped with lithium-iron-phosphate (LFP) cells.

By using more affordable batteries, smart has been able to lower the price of the #1 Pro by 5,000 euros ($5,265) compared to the #1 Pro+ – the previous base model. Starting at an MSRP of 37,490 euros (~$39,475) the #1 Pro saves consumers money, but at the cost of some range.

The new version’s WLTP range is about 300 km (186 miles), down from 400-440 km (249-273 miles) its existing trims are currently offering with the larger packs. Per smart Europe CEO Dirk Adelmann:

We are more than happy to be able to live up to the expectations of urban drivers, who focus more on practical things like a good body to space ratio, and for whom a range of around 300 Kilometers is absolutely sufficient. The #1 Pro is a car for environmentally conscious city dwellers and commuters who can’t do without the premium quality and all-electric approach of the #1. At smart, the needs of users are always at the center of our considerations. The Pro line comes with a package that caters for all the requirements of contemporary drivers, and at a great value for money ratio.

Looking ahead, smart says the new #1 Pro will initially launched in Europe this fall, beginning with Germany, France, Spain, Italy and Switzerland. From there the new LFP-powered crossover will gradually launch in the other European smart markets by the spring of 2024. 

FTC: We use income earning auto affiliate links. More.



Source link

Share30Tweet19
Previous Post

WeWork appoints David Tolley as permanent chief executive

Next Post

Analysts are getting bullish on these corporate earnings slated for release this week

Robert Frost

Robert Frost

Jutawantoto Jutawantoto Jutawantoto Jutawantoto Berita Terbaru Hari

Recommended For You

Big Tech’s AI data center push is spawning a new heat economy
Industries

Big Tech’s AI data center push is spawning a new heat economy

January 27, 2026
Electric take on winter weather while Tesla’s sales slide continues
Industries

Electric take on winter weather while Tesla’s sales slide continues

January 27, 2026
EVs promised cleaner air. Satellites say it’s finally happening.
Industries

EVs promised cleaner air. Satellites say it’s finally happening.

January 27, 2026
Offline EV chargers are a mess – Emobi and HeyCharge have a fix
Industries

Offline EV chargers are a mess – Emobi and HeyCharge have a fix

January 26, 2026
Next Post
Analysts are getting bullish on these corporate earnings slated for release this week

Analysts are getting bullish on these corporate earnings slated for release this week

Related News

Deepfakes provide ‘perfect storm’ for hijackers in general election – Cleverly

Deepfakes provide ‘perfect storm’ for hijackers in general election – Cleverly

February 25, 2024
James Earl Jones, voice of Darth Vader, dies aged 93

James Earl Jones, voice of Darth Vader, dies aged 93

September 9, 2024
Funeral of commentator Micheal O Muircheartaigh to take place in Kerry

Funeral of commentator Micheal O Muircheartaigh to take place in Kerry

June 29, 2024

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • jutawantoto
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?