StockDuty ← Dashboard Oct 14, 2026 02:20 AM ET
SignalKorea

Renault targets 2028 for first Korea-built EV

Renault's 2028 Korea-built EV target signals new domestic production catalyst.

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.
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.
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.
Sources