Renault Samsung to Participate in xEV Trend Korea 2022: "Showcasing Zoe and Twizy"
Establishment of Counseling Center, 100% Utilization of Subsidies for Purchase Consulting
[Asia Economy Reporter Yoo Hyun-seok] Renault Samsung Motors announced on the 8th that it will participate in 'xEV Trend Korea 2022,' held for three days from the 17th to the 19th at COEX in Seoul.
At xEV Trend Korea 2022, which attracts many potential customers, Renault Samsung Motors will exhibit the electric vehicles 'Renault Zoe' and 'Renault Twizy,' both available for immediate delivery. A consultation center will be set up within the booth to provide advice on how to purchase electric vehicles by fully utilizing subsidies.
According to the confirmed scale of electric vehicle subsidies for 2022, Renault Zoe will receive a national subsidy of 6.52 million KRW, and Renault Twizy will receive 4 million KRW. Due to changes in the government's subsidy payment policy for electric vehicle distribution projects starting this year, the subsidy amounts vary by vehicle, and unlike last year, full 100% subsidies are not available. Only electric vehicles priced under 55 million KRW can receive 100% support. The maximum subsidy limit is 7 million KRW. Both Renault Zoe and Twizy qualify for full 100% subsidy support.
Additionally, when combined with local government subsidies, further support can be received. For the Zoe Intense Eco trim, based on Seoul city standards, combining national and local subsidies results in a total support of 8.38 million KRW, making it possible to purchase the vehicle in the low 30 million KRW range. In Ulleung-gun, which offers the highest local government subsidy benefits, purchasing a Renault Zoe receives a total of 16.76 million KRW in support, allowing purchase in the low to mid 20 million KRW range.
Kim Tae-jun, Head of Sales and Marketing at Renault Samsung Motors, said, “Although the demand for electric vehicles is expected to increase and subsidies will be depleted faster due to the government's recently announced low-emission vehicle policy, the waiting time for delivery caused by the imbalance in semiconductor supply remains a factor to consider before purchase. Renault Samsung Motors will lead with immediately deliverable Renault Zoe and Twizy models so that customers can make reasonable purchases by fully utilizing electric vehicle subsidies and receive their vehicles promptly.”
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Meanwhile, the Renault Zoe is a model applying an electric vehicle dedicated platform, offering excellent driving and handling performance. It boasts a driving range of 309 km on a single charge and includes B-mode regenerative braking to extend driving distance. It is sufficient for customers commuting about 30 km round-trip daily and is most suitable for customers considering low maintenance cost vehicles, especially young professionals and 1-2 person households.
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