KGMC

About

KGM Commercial Company Ltd (formerly known as Edison Motors Co Ltd) before acquisition by KG Mobility Corporation in August 2023 and after Edison filed for bankruptcy.

South Korea

Product

Battery Electric

KGMC launches production of 9-metre electric city bus

By Will Pulson – 8th January 2025

The South Korean company has expanded its range of battery-powered city buses.

South Korea

Mergers & Acquisitions

Ownership

KG Mobility to expand Edison Motors’ operation following bankruptcy court-approved acquisition

By Will Pulson – 12th August 2023

KG Mobility (known previously as Ssangyong Motor Company), has bought electric commercial vehicle manufacturer, Edison Motors Company, and will change the name to KGM Commercial.

South Korea

Mergers & Acquisitions

Strategy/Policy

KG Mobility to acquire South Korean EV maker Edison Motors

By Will Pulson – 21st May 2023

The move to acquire Edison Motors is part of KG Mobility’s new parent company’s strategy to expand into the global automotive market, particularly in the fast-growing electric vehicle (EV) segment.

South Korea

Hydrogen Fuel Cells

Plug Power and Edison Motors to build prototype fuel-cell electric bus

By Bradley Osborne – 3rd January 2022

The two companies aim to mass-produce a series of hydrogen fuel-cell electric city buses for the South Korean market from 2023.

South Korea

Mergers & Acquisitions

Edison Motors to acquire Ssangyong

By Will Pulson – 22nd December 2021

Electric vehicle maker Edison to buy bankrupt SUV-specialist Ssangyong Motor Corp.