* Translated by AI

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KGM to Send Musso EV to Paraguay on the Other Side of the Earth… Public Sector Export Launches

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*This content was translated by AI.

KG Mobility (KGM) announced on the 16th that a delegation including the Vice Minister of the Ministry of Trade, Industry and Energy of Paraguay, along with government and institutional investor representatives who visited Korea under an invitation program hosted by the Ministry of Trade, Industry and Energy, toured the Pyeongtaek plant. Through this visit, KGM agreed to supply Musso EVs to Paraguay in connection with the Ministry of Trade, Industry and Energy's official development assistance (ODA) projects.

The seminar held on the 15th at KGM's headquarters in Pyeongtaek was attended by KGM Hwang Gi-yeong (CEO) director, Kwon Yong-il, head of the Development & Production Division, Javier Viveros, Vice Minister of the Ministry of Trade, Industry and Energy of Paraguay, Yang Jeong-jik, Director of the Korea Automotive Technology Institute, and others. They listened to updates on KGM's latest technological trends, including electric vehicles, and engaged in in-depth discussions on future concrete cooperation plans.

Following the seminar, the delegation toured the production line and visited the design center, where they observed the process of creating clay models for the SE-10 and concept cars scheduled for release early next year, as well as full-scale vehicle models. They then test-drove the Musso and Actyon HYBE Lead at the driving test track, expressing satisfaction with their excellent driving performance and quality.

The Ministry of Trade, Industry and Energy is promoting initiatives such as establishing an "Automotive Parts TASK Center" in Paraguay as part of its ODA projects. The Korea Automotive Technology Institute, the lead institutional investor, will support the construction and operation of the TASK Center, along with pilot distribution of electric vehicles like electric buses and small electric trucks, and the installation of charging stations and AS centers. KGM will supply 20 Musso EVs for use in the pilot distribution project.

Paraguay is a country with abundant power energy, including the Itaipu Dam, one of the world's largest hydroelectric facilities, making it highly promising for the adoption of eco-friendly electric vehicles. Through this project, Paraguay plans to distribute the supplied electric vehicles to government institutional investors and others for pilot operation in passenger transport and freight purposes, aiming to build and expand the local electric vehicle ecosystem.

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*This content was translated by AI.

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