Renault targets South Korea for EV manufacturing expansion

Renault Group has announced plans to intensify its focus on South Korea as a key hub for its global electrification strategy. Speaking on Friday, the company's Chairman Francois Provost confirmed that the automaker aims to upgrade its Busan manufacturing plant to bolster electric vehicle production. By 2030, Renault targets electrified models to make up its entire lineup of new vehicles, with half of its annual production designated as fully electric. The Busan facility, already vital for D- and