Company overview
Renault Korea Co., Ltd. began as Samsung Motors in 1994, a subsidiary of the Samsung Group, with technical assistance from Nissan. Initially established to leverage resources across Samsung’s various divisions, the company began selling cars in 1998. In 2000, Renault acquired a majority stake, rebranding it as Renault Samsung Motors. Throughout the 2000s and 2010s, the company produced a range of vehicles including SM3, SM7, QM5 and QM3 models. In 2012, the company introduced its first electric vehicle, the SM3 ZE. In 2022, Renault Korea Motors adopted its current name and began using the Renault brand. In 2024, Geely acquired a minority stake in the company, and production shifted to utilize the Compact Modular Architecture platform. The company’s manufacturing plant is located in Busan, South Korea, and has a capacity of 300,000 vehicles annually. Research and development is conducted at the Renault Technology Korea facility in Giheung, Seoul. Administrative offices are located in both Seoul and Busan.
