ENXTPA:RNOAuto
Renault Turns Busan Into Core EV Hub With Investor Implications
Renault (ENXTPA:RNO) has designated its Busan plant in South Korea as a global hub for electric vehicle production and flagship models.
The company plans local battery manufacturing and annual model launches at Busan as part of its "Future-Ready" strategy.
The initiative is intended to deepen Renault's commitment to electric vehicles and expand its global manufacturing footprint.
Renault, known for its broad line up of passenger vehicles and light commercial models, is using the Busan hub...