*This content was translated by AI.
KG Mobility (KGM) has officially launched the KGM brand in the Myanmar market through a partnership with local partner SSS (Super Seven Stars) Group, unveiling its eco-friendly vehicle lineup and beginning its full-scale push into the local market.
Held on the 14th (local time) in Yangon, Myanmar, the brand launch event was attended by approximately 500 people, including KGM Kwak Jae-seon (Chairman) and Kwak Jeong-hyeon (President), SSS Group Chairman Mr. San Linn and President (Automotive Representative) Mr. Salman Linn, representatives from both companies, local journalists, and customers.
Through this event, KGM made its first-ever brand entry into the Myanmar market, introducing eco-friendly vehicles such as the Torres EVX and Musso EV. The partner SSS Group is Myanmar's first private automotive company, established in the early 2000s, and the largest private automotive group in the country. In addition to new and used car sales and electric vehicle charging infrastructure projects, the SSS Group operates across various industries including food, logistics, and agriculture.
The SSS Group plans to begin local production and sales of the Torres EVX and Musso EV starting with this brand launch. Based on its strong collaboration with the SSS Group, KGM aims to supply a total of 1,000 vehicles to the Myanmar market this year.
Meanwhile, as of July, KGM recorded an upward trend in exports, shipping 40,894 units cumulatively. To increase export volumes, KGM is accelerating its efforts in Knock Down (KD) business operations. Starting with the Myanmar market, KGM plans to sequentially expand its KD business to key countries such as Saudi Arabia and Vietnam in the future.
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*This content was translated by AI.
