Renault Considering Korean Battery Maker Tie-Ups, CEO Says
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Renault SA is seeking a partnership with Korean battery makers as the French carmaker seeks to increase production capacity in Europe.
“We are looking to reinforce long-term relations with some players here,” Chief Executive Officer Luca de Meo said at a news conference in Seoul Tuesday, when asked whether Renault is considering a joint venture with a South Korean battery maker such as LG Energy Solution or Samsung SDI Co.