Renault Samsung to develop electric commercial vehicle

[THE INVESTOR] Renault Samsung Motors plans to launch a small electric commercial vehicle in 2019, according to news reports on Oct. 18.

The company is reportedly planning to begin development this year with the aim of putting it on the market three years later.

The vehicle is set to run for about 250 kilometers on a full battery. According to the company, the planned range will exceed the average driving range of small commercial vehicles in use in Korea. 

Renault Samsung chief Park Dong-hoon

The automaker is also reported to be planning to use parts of local suppliers for the electric vehicle.

By Choi He-suk (cheesuk@heraldcorp.com)