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Search resuls for: "Guido Haak"


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SEOUL, June 22 (Reuters) - Renault Korea Motors plans to build infrastructure at its plant in the southeastern city of Busan to manufacture electric vehicles (EVs), the Busan city government said. The automaker aims to produce 200,000 EVs a year at its Busan facilities, a statement issued by the city cited Renault Group Executive Vice President Guido Haak as saying. It was not immediately clear how much Renault planned to invest to build the EV production facilities. Renault Korea did not have an immediate comment. The announcement comes after Hyundai Motor said in May it will invest around 2 trillion won ($1.54 billion) in Ulsan, South Korea, to build a designated EV factory.
Persons: Guido Haak, Haak, 1,294.7800, Heekyong Yang, Soo, hyang Choi, Ed Davies Organizations: Renault Korea Motors, Renault Group, Busan Mayor Park, Renault, Hyundai Motor, Thomson Locations: SEOUL, Busan, France, Renault Korea, Ulsan, South Korea
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