SEOUL, Sept. 21 (Korea Bizwire) – KG Mobility, formerly known as SsangYong Motor Co., said Thursday it is “on track” to achieve an operating profit for the year helped by increased exports of the Torres SUV. Given KG Mobility already shifted to an operating profit in the first half, it is set to report a [...]
SEOUL, Sept. 20 (Korea Bizwire) — KG Mobility, formerly known as SsangYong Motor Co., on Wednesday launched the all-electric Torres EVX SUV in the domestic market to beef up its product lineup. The Torres EVX SUV is KG Mobility’s second battery-powered model after the Korando Emotion launched in the domestic market in February 2022. KG [...]
SEOUL, July 31 (Korea Bizwire) — KG Mobility, formerly known as SsangYong Motor Co., said Monday it will launch the all-electric Torres EVX SUV in the domestic market in September to beef up its product lineup. The Torres EVX SUV is KG Mobility’s second battery-powered model after the Korando Emotion launched in the domestic market [...]
SEOUL, July 13 (Korea Bizwire) — KG Mobility, formerly known as SsangYong Motor Co., said Thursday it has launched the Torres sport utility vehicle in Europe as part of its expansion strategy. KG Mobility began to sell the compact SUV in Europe, starting with its launch in Poland this week, the company said in a [...]
SEOUL, July 7 (Korea Bizwire) — KG Mobility, formerly SsangYong Motor Co., said Friday it will transform Edison Motors Co. into an environment-friendly commercial carmaker after it became the final bidder for the debt-laden electric bus maker. KG Mobility plans to expand Edison Motors’ large electric bus-focused lineup to include small and medium-sized buses and [...]
GOYANG, April 4 (Korea Bizwire) — KG Mobility, formerly known as SsangYong Motor Co., outlined its electric vehicle-focused product lineup for future growth Tuesday amid accelerating electrification in the automobile industry. KG Mobility showcased the all-electric Torres EVX, which can travel around 500 kilometers on a single charge, at the Seoul Mobility Show at the [...]
SEOUL, March 31 (Korea Bizwire) — KG Mobility, formerly known as SsangYong Motor Co., said Friday it has signed a knockdown (KD) unit vehicle export deal with a Vietnamese company. In the deal, KG Mobility will ship the KDs of the Tivoli, Korando and Torres SUVs in 2024 and those of the new Rexton, new [...]
SEOUL, March 22 (Korea Bizwire) – SsangYong Motor Co. on Wednesday changed its name to KG Mobility to transform itself into a future mobility solutions company. SsangYong Motor finalized the name change at a shareholders’ meeting Wednesday to focus on the electric vehicle platform, software defined vehicle, autonomous driving and artificial intelligence for survival amid an accelerating [...]