Tag: KG Mobility

KG Mobility

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Chery to invest $75 million in KG Mobility, expanding strategic partnership

A convertible bond investment by Chery Automobile could make it KGM’s second-largest shareholder, increasing the Korean company's reliance on Chinese technology and capital.

2026.8.3

Kwak Jea-sun, chairman of KG Group, speaks at a press conference in Yeouido, western Seoul, on June 9.

KG eyes global used-car market through K Car acquisition

KG Group's subsidiary inked an agreement to acquire roughly 72.2 percent of K Car, the country's largest secondhand car platform by number of directly operated outlets, and the company plans to boost exports of Korean vehicles to overseas markets.

2026.6.9

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KG Mobility's next-generation pickup truck Musso [KG MOBILITY]

KG Mobility reports 6.5 percent on-year sales increase in April

KG Mobility announced Monday that its sales rose 6.5 percent in April from a year earlier, driven by more exports.

2026.5.4

Hyundai Motor's Palisade is shown in this photo filed on Feb. 6. [HYUNDAI MOTOR]

Hyundai, BMW, 2 other carmakers to recall over 400,000 vehicles over faulty parts

Hyundai Motor, BMW Korea and two other carmakers will voluntarily recall more than 400,000 vehicles in Korea to address defective components, the Ministry of Land, Infrastructure and Transport said Tuesday.

2026.3.24

The Musso pickup truck from KG Mobility [SARAH CHEA]

Some pickups try to forget they once were trucks. But KG Mobility's Musso embraces the title.

KG Mobility revived the Musso — a nameplate that once carried serious weight among pickup purists — after 24 years. Last year’s EV-only revival left some enthusiasts underwhelmed, and this time, Musso returned properly armed: gasoline and diesel.

2026.2.25

Choi Ick-kyu, third from left, head of mobile and power battery business at Samsung SDI and KG Mobility Chief Strategy Officer Kwak Jeong-hyun, second from left, pose after signing an agreement on Dec. 22 in central Seoul. [SAMSUNG SDI]

Samsung SDI and KG Mobility partner on 46-series EV battery technology

Samsung SDI has partnered with KG Mobility to co-develop battery pack technologies suitable for its 46-series cylindrical battery cells.

2025.12.23

Hyundai Motor's all-electric Ioniq 6 sedan [HYUNDAI MOTOR]

3 carmakers to recall over 42,000 vehicles due to faulty parts

Hyundai Motor, KG Mobility and Stellantis Korea will voluntarily recall more than 42,000 vehicles to address various component defects, the transport ministry said Wednesday.

2025.10.15

Actyon Hybrid from KG Mobility [SARAH CHEA]

With the Actyon Hybrid, get the EV experience for a fraction of the price

The verdict is out on the Actyon's hybrid engine and how it feels on the road.

2025.7.14

KG Mobility Chairman Kwak Jea-sun speaks during a press conference unveiling its business strategies at the company’s manufacturing facility in Pyeongtaek, Gyeonggi, on June 17. [KG MOBILITY]

KG Mobility stakes growth on hybrids, EVs in partnerships with BYD, Chery

KG Mobility will deepen its ties with Chinese automakers like BYD and Chery Automobile in a bid to offer alternative electric options like hybrids and extended-range EVs at “reasonable prices.”

2025.6.17

KG Mobility's electric pickup truck, the Musso EV, is unveiled at the company's headquarters in Pyeongtaek, Gyeonggi, on March 5. [CHO YONG-JUN]

KG Mobility goes back to the future with its Musso EV pickup

KG Mobility unveiled its new Musso EV pickup, reviving the name first slapped on a badge by the automaker's predecessor, SsangYong Motors, which shook up the SUV market with the original.

2025.3.5