Renault Samsung Motors Corp., the South Korean unit of Renault S.A., said Monday it will partner with Lynk & Co. to develop an environment friendly vehicle in the Korean market.
Lynk & Co. is the automotive brand formed as a joint venture between Geely and Volvo in 2016.
Renault Samsung badly needs a new model, which will follow the XM3 compact SUV, to boost its sales in Asia’s fourth-biggest economy.