Source: The Korea Herald

Edison Motors: Creditors of Edison EV file for company's bankruptcy amid failed SsangYong acquisition

Edison EV, an affiliate South Korean electric vehicle maker Edison Motors Co., said Wednesday its creditors have filed for the company's bankruptcy with a local court, amid the parent company's recent failure in completing a deal to acquire SsangYong Motors Co. Edison EV said in a regulatory filing that eight creditors of the company have filed for the company's bankruptcy with Suwon District Court. The company said its outstanding corporate bonds amounted to 3.6 billon won ($2.84 million). Th

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Est. Annual Revenue
$25-100M
Est. Employees
500-1.0K
Youngkwon Kang's photo - Chairman & CEO of Edison Motors

Chairman & CEO

Youngkwon Kang

CEO Approval Rating

90/100

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