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Renault Samsung to introduce Twizy ultra-small electric car in Korea

All Headlines 16:59 May 18, 2016

SEOUL, May 18 (Yonhap) -- Renault Samsung Motors Co., the local unit of French automaker Renault SA, said Wednesday that it will introduce its popular Twizy ultra-small electric vehicle in South Korea later this year.

The move comes as South Korea has decided to lift regulations in a way that allows people to drive ultra-small electric vehicles everywhere except on highways. The deregulation is part of South Korea's efforts to further boost economic growth.

President Park Geun-hye said there will be a demand for electric cars in global markets, citing zero emissions.

"We will introduce the Twizy vehicle later this year," in Spain, said Hwang Jae-moo, an official of Renault Samsung Motors, though he did not give a specific time frame.

The Twizy is a battery-powered electric vehicle that comes in two models -- a single-seater and a two-seater. Hwang said the price of each model could be set at around 11 million won (US$9,000).

Renault started to sell the Twizy in Paris and other global markets in 2012, but it has so far failed to sell in South Korea due to local safety and other regulations.

The Twizy can travel 100 kilometers on a single charge that it can get through a standard household 220-volt outlet.

Since its global debut in 2012, the Twizy has emerged as an alternative means for commuting or a secondary car for customers with its small size -- only a third the size of an ordinary passenger sedan -- along with its relatively good safety features.

The Twizy is also popular among merchants who need to deliver goods in large quantities by providing cargo space that can be expanded to 55 liters, the company said.

More than 15,000 units of the Twizy have been sold in Europe.


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