Renault's 2028 Korea-built EV target signals new domestic production catalyst.
Context
What happened: Renault Group plans to launch a South Korea-built electric vehicle in 2028, after introducing a new hybrid model in 2027. The EV will be made at its Busan plant.
Key numbers: EV launch in 2028, hybrid in 2027, Level 2++ driver assistance planned.
Why it matters: Renault calls South Korea a strategic market and aims to make Busan a larger export hub for midsize and larger vehicles, with South America and Europe as possible destinations.