Renault-Samsung doesn’t get a lot of attention, but that’s changing today as the South Korean brand is slated to get an all-new lineup.
Thanks to an agreement between Renault and Geely, the Renault-Samsung facility in Busan is slated to begin building new vehicles based on Geely’s compact modular architecture (CMA) in 2024. The companies didn’t say much about these upcoming models, but Renault confirmed they’ll be offered with internal combustion engines as well as Geely’s advanced hybrid powertrain technologies.
Renault went on to say these upcoming vehicles will “meet and exceed local market expectations,” thanks in part to premium features and industry-leading technology. While the models are being designed with the South Korean market in mind, Renault confirmed plans to export them in the future. However, there’s no word on where else they will be sold.
Also Read: Renault Arkana Becomes The Samsung XM3, Gets Tech Upgrades For Its Korean Debut
Geely’s CMA platform
While a number of questions remain, Geely’s CMA platform has already been used to underpin an assortment of different vehicles. In particular, the architecture serves as the basis for the Geely Xingyue L, Polestar 2, and Volvo XC40 / C40.
Commenting on the tie-up, Renault Group CEO Luca de Meo said “We are happy to initiate such an innovative partnership with Geely Group, which has [an] impressive track record in [the] automotive industry.” Renault added the partnership is part of their Renaulution plan and will improve Renault-Samsung by “using industry leading technology, engineering and services.”
de Meo’s sentiments were echoed by Geely Chairperson Eric Li, who remarked, “Geely has a proven track record in creating mutually beneficial collaborations that focus on technology, experience and shared ideas with the ultimate goal of creating higher quality, more sustainable products. We are looking forward to working with Renault and realizing new synergies that combine strengths from both parties to create value for the end user.”
