Renault Targets South Korea for EV Expansion by 2030

Renault is setting its sights on South Korea as a key market for its global electrification strategy. The French automaker plans to expand its vehicle lineup and ramp up production of electric models at its facility in Busan, about 330 kilometers southeast of Seoul. By 2030, Renault aims for all new models to be electrified, with half of its annual output comprised of fully electric vehicles and the rest hybrids. The company's ambitious roadmap includes 22 new models, 16 of which will be electri