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KG Mobility chosen as preferred bidder to buy electric bus maker Edison Motors

KG Mobility, formerly known as SsangYong Motor Co., said Wednesday it is in the process of acquiring Edison Motors Co., an electric bus maker, as part of its business diversification strategy. A bankruptcy court in the southeastern city of Changwon has picked KG Mobility as a preferred bidder to acquire Edison, which has been under the court-led debt rescheduling program since January, the company said in a regulatory filing.
Kyongsang Namdo South Korea Soult Ukpyolsi Kyonggi Do Edison Motors Co Kg Group

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