Renault Samsung to produce ultracompact Twizy EV from October
BUSAN, Sept. 26 (Yonhap) -- Renault Samsung Motors Corp., the South Korean unit of French carmaker Renault S.A., said Thursday the Twizy ultracompact electric vehicle (EV) will be locally produced starting next month.
The Twizy EV was originally produced at Renault's plant in Valladolid, Spain, but the French automaker last year agreed to move its production base to Busan, 450 kilometers southeast of Seoul.
The two-seat EV will be assembled by local auto parts maker Dongshin Motech Co., which has signed a five-year deal with Renault Samsung.
Renault Samsung plans to roll out 5,000 Twizys a year, but the capacity could expand to 15,000 units depending on market demand.
From January to August, Renault Samsung sold 1,239 Twizys imported from Spain, up 13 percent from a year ago. Its current lineup includes the all-electric SM3 Z.E. sedan, the QM3 and QM6 SUVs, the SM3 compact and the SM5, SM6 and SM7 sedans.
kdon@yna.co.kr
(END)
-
S. Korea expresses deep regret over Japanese PM's offering to war shrine
-
(LEAD) Yoon pledges to improve ties with Japan, offers economic aid in exchange for N.K. denuclearization
-
(LEAD) Bill Gates calls for S. Korea to play leading role in global health cooperation
-
DP warns Yoon's Liberation Day speech will give 'wrong signal' to Japan
-
(LEAD) Ex-ruling party chief files another lawsuit against leadership switch
-
(LEAD) Yoon pledges to improve ties with Japan, offers economic aid in exchange for N.K. denuclearization
-
Ex-ruling party chair takes swipe at Yoon amid legal action over leadership switch
-
(LEAD) Ex-ruling party chief files another lawsuit against leadership switch
-
Today in Korean history
-
(LEAD) DP drops party charter revision proposal
-
U.S. agrees with taking 'incremental steps' to denuclearize Korean Peninsula: State Dept.
-
Supreme Court expected to decide soon whether to finalize liquidation order against Mitsubishi
-
Clash of 2 S. Koreans on horizon in Premier League
-
(3rd LD) N. Korea rejects S. Korea's 'audacious initiative' in statement by leader's sister
-
S. Korea's new COVID-19 cases fall below 140,000; death toll hits 3-month high