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Court begins debt-rescheduling process for troubled budget carrier Fly Gangwon – The Korea Times

Court begins debt-rescheduling process for troubled budget carrier Fly Gangwon – The Korea Times
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Financially-troubled Fly Gangwon applies for court receivership – The Korea Times

Financially-troubled Fly Gangwon applies for court receivership – The Korea Times
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KG Mobility announced as preferred bidder for acquisition of Edison Motors

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Metaverse in-car, in-wheel motors, Honda chip supply - the week

Metaverse in-car, in-wheel motors, Honda chip supply - the week
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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.

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