UPDATED. 2022-12-02 16:56 (금)
Edison Motors chief says company to form global JVs
Edison Motors chief says company to form global JVs
  • Yang Tae Hoon
  • 승인 2022.01.20 10:28
  • 댓글 0
이 기사를 공유합니다

After completion of Ssangyong Motor acquisition
Image: Edison Motors
Image: Edison Motors

Edison Motors chief executive Kang Young-kwon told TheElec that the company plans to form joint ventures with global automobile companies after the completion of its acquisition of Ssangyong Motor.

Last week, Ssangyong Motor was sold to a consortium led by Edison Motors for 304.9 billion won.

After this acquisition is completed, Edison Motors will form companies like Ssangyong across the global to expand its production of electric vehicles, Kang said in an interview.

It was in talks with local automobile companies in Japan, the US, Europe and India to set up such subsidiaries, the chief executive said.

Kang claimed that the company could beat Tesla in the long run by combining Edison Motors’ technology in electric vehicles and Ssangyong Motor’s 60-year history in the automobile sector.

Edison Motor is aiming to have Ssangyong Motor manufacture 300,000 electric vehicles and combustible engine vehicles per year by 2025 and 500,000 by 2030, the CEO said.

Ssangyong Motor will be able to break even once it begins selling over 200,000 vehicles per year, Kang said.

Combined with various joint ventures to expand production volume, the company could be manufacturing 6 million to 10 million units per year, becoming a global conglomerate, Kang added.


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • 515, Nonhyeon-ro, Gangnam-gu, Seoul, Republic of Korea 4F, Ahsung Bldg.
  • 대표전화 : 82-2-2658-4707
  • 팩스 : 82-2-2659-4707
  • 청소년보호책임자 : Stan LEE
  • 법인명 : The Elec Inc.
  • 제호 : THE ELEC, Korea Electronics Industry Media
  • 등록번호 : 서울, 아05435
  • 등록일 : 2018-10-15
  • 발행일 : 2018-10-15
  • 발행인 : JY HAN
  • 편집인 : JY HAN
  • THE ELEC, Korea Electronics Industry Media Prohibiting unauthorized duplication,publishing,modification and distribution the material on this Site for any purpose.
  • Copyright © 2022 THE ELEC, Korea Electronics Industry Media. All rights reserved. mail to powerusr@thelec.kr
ND소프트