Samsung Electric Vehicles
attEV2buy explores the Samsung electric car strategy, Samsung Renault EV models, news, and sales as it vies for a position in the fast-growing EV market. Renault Samsung Motors started as Samsung Motors in 1994 with the help of Nissan but due to losses in the Asian Financial Crisis of 1998 became a subsidiary of Renault in 2000 with Samsung maintaining a minority stake of 19.1%. Renault Samsung Motors (RSM) is headquartered in Busan, South Korea. RSM introduced a locally produced version of the Renault Fluence Z.E. in 2012. |
Samsung Electric Car Strategy in the news
2017 Week 47 2nd Generation Samsung SM3 ZE unveiled.
Renault Samsung Motors (RSM) unveiled the 2018 Renault Samsung SM3 Z.E.
at the Daegu International Future Auto Expo this week. The 2018 Samsung
SM3 ZE is based on the Renault Fluence Z.E. which
has been discontinued in Europe in 2016. The locally assembled
Samsung SM3 Z.E received a battery upgrade from 22kWh to 36kW
delivering an extended range of 132 miles (213km). The 2018 model is
available at a pre-release price 41.5 million SK Won, which is in the
region of $38,000, on order. Sales for the Samsung SM3 Z.E. totaled
around 3,500 units since its release in 2013 with reports saying that
the Ministry of Health purchased 1,200 units earlier the year. According
to the statement of the company, the Samsung SM3 has an autonomy of 5
days based on the average commute in South Korea of around 40km per day
(25 miles).
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