Renault Korea, the South Korean subsidiary of French automaker Renault S.A., has announced plans to release new vehicle models every year through 2029 and begin manufacturing next-generation electric vehicles at its factory in Busan (South Korea's second-largest city, located about 330 kilometres southeast of Seoul) starting in 2028. CEO Nicolas Paris unveiled the roadmap in Seoul on Tuesday as part of the group's broader "Future Ready" strategy, positioning the Busan plant as a global hub for the French automaker's mid-to-large vehicle segments, with ambitions spanning localised battery production, software-defined vehicles, and AI-based systems. Paris acknowledged headwinds from geopolitical tensions and trade protectionism that make reaching past export volumes unlikely, but expressed confidence in the competitiveness of Renault Korea's products.