Kg mobility corp. announced a strategic partnership with chery automobile co. of china:G Mobility Corp. announced a strategic partnership with Chery Automobile Co. of China, focusing on joint efforts in future mobility technologies. The collaboration will particularly accelerate the development and expansion of KG Mobility’s SUV lineup.
According to Yonhap News Agency, the partnership is anchored by a platform licensing agreement that empowers KG Mobility to advance in the development of new mid-size and large SUVs. This agreement is a cornerstone of the strategic relationship with Chery Automobile, aimed at integrating resources and expertise from both companies.
KG Mobility Chairman Kwak Jea-sun emphasized the benefits of this collaboration, stating that it will enable the company to diversify its model range and accelerate the development timeline for new vehicles, effectively responding to the fast-evolving demands of the global automotive market. Through this partnership, KG Mobility expects to enhance
its competitive edge by reducing the time to market for its new models and expanding its product offerings.