SsangYong Purchased by EV Conglomerate

While the Korean automaker has long been a punching bag thanks to unfortunate styling decisions in vehicles like the first Rodius, it has in fact sold its fair share of vehicles in different markets around the world. After being passed around by a variety of corporate overlords, it filed for Chapter 11 bankruptcy in December 2020.

Now, a takeover by a Korean EV company called Edison Motors has been approved by the suits in that country.

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