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Renault Samsung and Geely of China to release eco-friendly vehicles in 2024

News Snapshot:

A view of Renault Samsung Motors’ Busan plant. Photo: Courtesy of Renault Samsung. Renault Samsung Motors will start research, development and production of eco-friendly vehicles in Korea from 2024 in a joint venture with Gili Holdings Group (Geely Motors), the largest private automobile group in China. Renault Samsung Motors announced on the 21st that Renault Group and Gili Holdings Group have reached a final agreement on a mutual cooperation plan to launch a joint model between the two companies for the Korean market. The joint model between the two companies will be developed and introduced by Renault Samsung Motors researchers…

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