"Making Busan a Future Car Cluster" Renault and Busan City Join Forces

Stephan Deleuze, CEO of Renault Korea (left), and Park Hyung-jun, Mayor of Busan, are taking a commemorative photo at Busan City Hall on the 20th.

[Asia Economy Reporter Choi Dae-yeol] Renault Korea Motors and Busan City have agreed to establish an eco-friendly future car cluster.

On the 21st, according to Renault Korea, the company's CEO, Stefan Deblaes, visited Busan City Hall the previous day and met with Mayor Park Hyung-jun to pledge this plan. This is to prepare for the rapidly changing automotive industry and to revitalize the Busan regional economy. Renault Korea has played a cornerstone role in the local economy since the days of Samsung Motors by establishing a factory in Gangseo-gu, Busan.

The eco-friendly future car cluster is planned to be built using idle land within the Renault Korea Busan plant. The core idea is for finished car manufacturers, partner companies, and local governments to cooperate mutually to create an ecosystem for the transition to future cars. Renault Korea will develop the infrastructure, while Busan City will provide administrative and financial support to cluster participant companies or consortia.

The plan aims to promote the restructuring of local automotive companies around future cars and, in the mid to long term, develop this cluster into a Northeast Asia future car hub. Renault Korea and Busan City have agreed to continue discussions on specific business plans and schedules.

The Renault Group is conducting various projects in France, where its headquarters are located, such as building battery factories using idle land of existing plants or transforming them into electric vehicle research and development clusters.

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