April 26, 2024
Automobiles
Micro EVs to hit Korean market
[THE INVESTOR] A range of ultra-small electric vehicles are poised to hit the Korean market, industry sources said on June 28.
Renault Samsung Motors and local smaller players are set to tap into the market for battery-powered micro EVs that have emerged as a new means of urban transport.
Renault Samsung is the first to enter the market as it plans to unveil the Twizy ultra-small EV in the second half of this year.
The Twizy, a one- or two-seat electric city car, produces no emissions and can travel up to 55 kilometers on a single charge with its maximum speed reaching 80 km. It can be fully charged in three hours and 30 minutes.
The vehicle carries a price tag of 15.5 million won, but it can be purchased for some 5 million won, given government subsidies.
Renault Samsung has fulfilled its presale order target of 1,000 units here and is considering bringing in an additional 500 units to meet the high demand, the company said.
By Alex Lee and newswires (alexlee@heraldcorp.com)
Renault Samsung Motors and local smaller players are set to tap into the market for battery-powered micro EVs that have emerged as a new means of urban transport.
Renault Samsung is the first to enter the market as it plans to unveil the Twizy ultra-small EV in the second half of this year.
The Twizy, a one- or two-seat electric city car, produces no emissions and can travel up to 55 kilometers on a single charge with its maximum speed reaching 80 km. It can be fully charged in three hours and 30 minutes.
The vehicle carries a price tag of 15.5 million won, but it can be purchased for some 5 million won, given government subsidies.
Renault Samsung has fulfilled its presale order target of 1,000 units here and is considering bringing in an additional 500 units to meet the high demand, the company said.
By Alex Lee and newswires (alexlee@heraldcorp.com)
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