Renault Korea to launch new models annually through 2029, produce next-gen EVs in Busan from 2028

Renault Korea, the Korean unit French automotive giant Renault S.A., plans to roll out new models annually through 2029 and begin producing its next-generation electric vehicles (EVs) at its Busan plant in 2028, its chief said Tuesday. Nicolas Paris, chief executive officer (CEO) of Renault Korea, shared such a plan at a press conference in Seoul while announcing the Korean implementation of the "Future Ready" initiative previously announced by the Renault Group. Under the strategy, Renault Korea will position itself as a key hub for the French automotive group's D and E segment vehicles and roll out new models annually through 2029. The company also aims to produce next-generation EVs at its plant in Busan, about 330 kilometers southeast of Seoul, starting in 2028. "Our ambition goes beyond volume. We aim to lead in quality and premiumness, and in our ability to design, develop and industrialize flagship models for the group," Paris said. As part of its technology road map, the company plans to build a localized EV ecosystem in Korea, including battery production, while accelerating theWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times