Chery Automobile to invest $75m in KG Mobility

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Source: The Korea Herald
Published: 2026-08-03 10:01 UTC+10:00
Section: All News
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Transport, Property, Asia, South Korea, China, Financial Markets, World News, Business & Economy, Asia Pacific
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Snippet:
South Korean automaker KG Mobility said Monday it had secured a $75 million strategic investment from China’s Chery Automobile, as the two companies strengthen their cooperation in vehicle development and future technologies while expanding in global markets.
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