Stephan Deblaise, President of Renault Korea, and employees are taking a photo at the Busan plant to celebrate the cumulative production of 200,000 XM3 vehicles. <Photo by Renault Korea Motors>

Stephan Deblaise, President of Renault Korea, and employees are taking a photo at the Busan plant to celebrate the cumulative production of 200,000 XM3 vehicles.

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[Asia Economy Reporter Choi Dae-yeol] Renault Korea Motors announced on the 27th that the cumulative production of the compact sports utility vehicle (SUV) XM3, manufactured at the Busan plant, has exceeded 200,000 units.


After starting production in January 2020, 100,000 units were produced by November last year, 23 months later. Since then, an additional 100,000 units were produced in just 10 months, more than halving the previous period. As of the previous day, the total cumulative production reached approximately 203,000 units, with domestic sales accounting for 64,000 units and overseas exports about 139,000 units.


Among the export models, about 60%, or approximately 82,000 units, are hybrid models. Since June last year, they have been sold in Europe under the name Renault Arkana E-Tech. The prominent Swedish automotive magazine Teknikens V?rld gave the hybrid model the highest score in a comprehensive evaluation conducted last year, and it also ranked first in the best hybrid car category chosen by actual buyers in the UK Auto Trader awards. The company explained that the XM3, centered on the hybrid model, has shown the highest growth in cumulative orders among Renault brand passenger models as of August this year.



Stefan Deblaise, President of Renault Korea, held a celebration with union executives and employees at the Busan plant yesterday to commemorate the production of 200,000 units. The XM3 hybrid will begin pre-orders domestically on the 1st of next month and is scheduled to be launched in the same month. The European WLTP combined fuel efficiency is 20.4 km per liter, and the company expects the domestic efficiency to be about 80-85% of the European level.


This content was produced with the assistance of AI translation services.

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