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South Korean car makers preparing EV roll-out

By / 6 years ago / International News / No Comments

Renault Samsung Motors Corporation has said it is planning to produce 13,000 SM3 ZE electric subcompact vehicles at its Busan plant from the end of next year through to 2015.

Renault Samsung will also import 100 electric subcompact cars from Europe this year to supply the central and provincial governments under a pilot program, and a further 500 next year, a Renault Samsung spokesman said.

The company's Busan plant manufactured in the region of 270,000 units last year, and has a total annual capacity of 350,000 units.

‘As prerequisites for rolling out the electric cars, government subsidies, tax incentives and infrastructure including charging stations should be made ready,’ the spokesman said.

GM Korea Co., the Korean unit of General Motors Corp. (GM), said it is planning to develop three kinds of electric vehicles in South Korea based on based its Chevrolet Spark mini car, Chevrolet Cruze sedan and Chevrolet Orlando sport-utility vehicle over the long term.

Ssangyong Motor Co, in which Mahindra & Mahindra Ltd. holds a 70% stake, said it is developing electric SUVs.

Hyundai Motor Co. has said that it has established production lines to build 250 mini BlueOn electric cars this year, while Kia Motors Corporation has confirmed that it is building lines to supply 2,000 units of its mini cross- over electric vehicle from December through 2012.

The two models will be offered to public organisations under the pilot program, the ministry said.

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