Renault Samsung Offers 25% Discount and Enhanced Battery Warranty Benefits for SM3 Z.E. Taxi Customers

Renault Samsung SM3 Z.E (Photo by Renault Samsung)

[Asia Economy Reporter Kim Ji-hee] Renault Samsung Motors announced on the 9th that it will participate in Seoul City's 2020 electric taxi supply project, which provides a subsidy of 10 million KRW for electric taxi purchases, offering a 25% discount and enhanced battery warranty benefits to customers purchasing the SM3 Z.E. taxi.

This electric taxi supply project supports a total of 700 vehicles on a first-come, first-served basis from the 6th until the budget is exhausted. By purchasing the electric vehicle SM3 Z.E. taxi, customers receive a national government electric taxi purchase subsidy of 8.16 million KRW, a Seoul City electric taxi purchase subsidy of 10 million KRW, plus Renault Samsung's 25% discount benefit. Individual taxi drivers can purchase the SM3 Z.E. taxi for 8,430,910 KRW.

In addition to the special purchase subsidy, Renault Samsung has strengthened the battery warranty conditions, which is the most important component of electric vehicles, from the previous 70% capacity warranty within 7 years or 140,000 km to 8 years or 160,000 km.

Electric taxis are seeing increasing demand due to lower fuel costs and consumable replacement expenses compared to LPG taxis, as well as government support policies. In particular, the compact sedan-type electric vehicle SM3 Z.E. is suitable for commercial taxi use, as it offers spacious interior space and a sophisticated interior, according to Renault Samsung.

This content was produced with the assistance of AI translation services.