KG Mobility (KGM) announced on August 18 that it is officially launching its brand in the Myanmar market in collaboration with the Super Seven Stars (SSS) Group.
The official launch event, held on August 14 in Yangon, Myanmar, was attended by KGM Chairman Kwak Jae-sun, President Kwak Jeong-hyun, SSS Group Chairman Mr. San Linn, and President Mr. Salman Linn, along with over 500 attendees including officials, journalists, and customers.
During the event, KGM introduced its brand to the Myanmar market for the first time, showcasing its electric vehicle lineup, including the Torres EVX and Musso EV.
SSS Group, established in the early 2000s, is Myanmar's first private automobile company and the largest private automotive group in the country, involved in new and used car sales, electric vehicle charging infrastructure, as well as various industries such as food, logistics, and agriculture.
Following this launch, SSS Group plans to begin local production and sales of the Torres EVX and Musso EV. KGM aims to supply a total of 1,000 vehicles to the Myanmar market this year in collaboration with SSS Group.
Chairman Kwak Jae-sun stated, "Myanmar is a growing market with a developing automotive industry, where customers prioritize practicality and durability in vehicle design, considering road conditions and family mobility. This aligns with the values KGM has emphasized in developing SUVs and pickups for a long time."
He added, "KGM will work closely with SSS Group to ensure that we are remembered as a trustworthy automotive brand that grows alongside our customers in the Myanmar market."
Meanwhile, KGM has reported an increase in exports, with a total of 40,894 units shipped as of July, marking a rise from last year's record high in over a decade. The company is also intensifying its efforts in the KD (knock-down) business to boost export volumes and plans to sequentially expand its KD operations in key markets such as Saudi Arabia and Vietnam, starting with the Myanmar market.
* This article has been translated by AI.
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