China’s BYD and South Korea’s KG Mobility will jointly develop electric and hybrid automobiles.
Tag: ssangyong
EV 4×4 SsangYong Torres Will Hit The European Market In 2023
Korean automaker unveiled a local model of the SUV that will compete with the Skoda Enyaq iV starting next year.
Ssangyong sold for $255 million to Korean consortium
Edison Motors has officially acquired the financially troubled Ssangyong. Mahindra&Mahindra, the leading stakeholder of Korean SUV manufacturer, decided to sell %75 of its stake in June 2020, and Ssangyong has applied for bankruptcy in December 2020.
