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.
Matthew Guy Jan 10, 20226
Tesla-Toyota Battery Deal For RAV4 EV Concluding By Year-End
Tesla’s deal with Toyota to supply the automaker with battery packs and motors for the latter’s RAV4 EV will come to a close by the end of 2014 at the same time the electric crossover is expected to cease production.
Cameron Aubernon May 12, 20146