Renault Korea Plans To Build EV Infrastructure In Busan: Report
Portfolio Pulse from Shivani Kumaresan
Renault SA plans to build electric vehicle (EV) infrastructure in Busan, South Korea, with an aim to produce 200,000 EVs annually at its Busan facilities. The investment range for the plant has not been disclosed.
June 22, 2023 | 11:25 am
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Renault plans to build EV infrastructure in Busan, South Korea, aiming to produce 200,000 EVs annually at its Busan facilities.
Renault's plan to build EV infrastructure in Busan and produce 200,000 EVs annually will likely have a positive impact on its stock price in the short term. The expansion into the growing EV market in South Korea will potentially increase the company's market share and revenues.
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