Chery Automobile has agreed to invest $75 million in South Korea's KG Mobility (KGM) through convertible bonds. If the bonds are fully converted into

KGM has secured a $75 million strategic investment from China's Chery Automobile for the Korean carmaker’s new vehicles and future mobility technol...

Chery will invest $75 million in KG Mobility through convertible bonds, strengthening their partnership to expand global electric and hybrid vehicle markets.