Renault Targets South Korea for EV Expansion, Manufacturing Hub Upgrade

Renault Group has unveiled bold plans to expand its presence in South Korea as part of a global push toward electrification and lineup growth. Speaking in Seoul, Chairman Francois Provost outlined the company’s strategy to upgrade Renault Korea’s manufacturing plant in Busan, aiming to turn it into a major production center for electric and hybrid vehicles. By 2030, Renault intends for half its vehicle output to be fully electric, supported by partnerships with South Korean giants like LG Energy