Busan city said on the 23rd it will push to strengthen strategic cooperation with Renault Korea.
This strengthening of cooperation will proceed on the occasion of Renault Korea's new car launch that day. Earlier, Renault Korea submitted a new investment plan, including expanding electric powertrain facilities at the Busan plant, at the "2025 APEC CEO Summit Korea," and this is a follow-up measure.
Renault Korea began releasing its flagship new car, "Filante (FILANTE)," in March this year. Before launch, the vehicle recorded more than 7,000 preorders.
The city assessed that with this additional facility investment, Renault Korea's Busan plant has been able to establish a flexible production system capable of producing internal combustion, hybrid, and electric vehicles. Accordingly, it expected to contribute to strengthening Renault Korea's global competitiveness.
Based on cooperation with Renault Korea, the city plans to continue advancing the future car industry ecosystem. It is gradually pushing related projects such as export-led future car innovation growth technology support, research and development for win-win cooperation on core parts, building an Extended Reality (XR)-based digital twin system, and creating a shared giant casting center.
In addition, the city decided to purchase the Filante as an official vehicle. It aims to spur volume expansion by purchasing eco-friendly cars produced in the region.
Busan Mayor Park Heong-joon said, "Renault Korea is a key anchor company that plays a central role in Busan's manufacturing," adding, "This investment agreement and the new car launch have created an important turning point in Busan's transition to the future car industry."