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Renault Group Names Nicolas Paris as New CEO of Renault Korea

Renault Group Names Nicolas Paris as New CEO of Renault Korea

SEOUL, July 21 (Korea Bizwire) — Renault Group on Monday announced the appointment of Nicolas Paris as the new chief executive officer (CEO) of Renault Korea Motors Co., according to the automaker. According to Renault Korea, Paris will succeed current CEO Stephane Deblaise, who has been tapped to lead Renault Group’s operations in India, effective [...]

Renault Korea to Equip Busan Factory for Electric Vehicles, Begins Polestar 4 Production

Renault Korea to Equip Busan Factory for Electric Vehicles, Begins Polestar 4 Production

BUSAN, Dec. 31 (Korea Bizwire) —  Renault Korea announced plans to outfit its Busan plant with electric vehicle (EV) production facilities as it gears up to manufacture the Polestar 4 midsize electric SUV for export to North America starting in the latter half of 2025. This marks the plant’s first transition to EV production, with industry [...]

In South Korea’s Auto Market, Single Models Drive Success for Mid-Tier Manufacturers

In South Korea’s Auto Market, Single Models Drive Success for Mid-Tier Manufacturers

SEOUL, Nov. 19 (Korea Bizwire) – The fortunes of South Korea’s three mid-sized automakers—GM Korea, KG Mobility, and Renault Korea—continue to hinge on the success of individual vehicle launches, with the pattern showing no signs of abating in 2024.  The trend began with KG Mobility (formerly SsangYong Motor) riding high on its Torres SUV in 2022, [...]

LGES Wins Deal to Supply LFP Batteries for Renault’s EVs

LGES Wins Deal to Supply LFP Batteries for Renault’s EVs

SEOUL, Jul. 2 (Korea Bizwire) — LG Energy Solution Ltd. (LGES), South Korea’s leading battery maker, said Tuesday it has signed a deal to supply lithium iron phosphate (LFP) batteries for Renault S.A.’s electric vehicles. Under the five-year contract through 2030, LGES will supply LFP pouch-type batteries to Renault’s EV division Ampere, with a total [...]