'Gunsan-type Job Creation' Electric Vehicle Factory Completed... 2,600 Trucks and More to be Produced This Year

Completion Ceremony of Edison Motors Gunsan Plant in Saemangeum Industrial Complex
2 Years and 10 Months After Signing the Win-Win Cooperation Agreement

Edison Motors Gunsan Plant Production Items

[Asia Economy Reporter Joo Sang-don] The eco-friendly bus company Edison Motors Co., Ltd.'s Gunsan plant will begin operations on the 19th.

The Ministry of Trade, Industry and Energy announced that it held the 'Gunsan-type Job Edison Motors Completion Ceremony' at the Edison Motors plant in the Saemangeum Industrial Complex (Gunsan, Jeonbuk) on the same day.

An official from the ministry said, "This is an achievement obtained 2 years and 10 months after Gunsan labor, management, civic groups, and government, including Edison Motors, signed the Gunsan-type job win-win cooperation agreement in October 2019," adding, "Following Myungshin's first vehicle delivery ceremony in June this year, the second production plant, Edison Motors, has started operations, marking the beginning of full-scale progress for win-win regional jobs in Gunsan."

Win-win regional jobs are projects that create quality workplaces based on dialogue and cooperation among local economic actors. Five regions nationwide, including Gunsan, Gwangju, and Miryang in Gyeongnam, have been finally selected and are being promoted.

The Gunsan-type job project aims to establish an electric vehicle cluster centered on small and medium-sized enterprises and mid-sized companies, with an investment goal of 341.8 billion KRW and employment of 1,026 regular workers over three years.

The participating companies agreed to promote cooperative projects such as joint research and development (R&D), marketing, and logistics based on the value chain agreement signed in June last year, and to strive for mutual growth among companies. They also introduced employee stock ownership plans and worker board observer systems to establish stable labor-management relations and prepared win-win measures between labor and management by striving for transparent management.

The newly completed Edison Motors plant aims to produce 100 electric buses and 2,500 electric trucks by the end of the year. Edison Motors plans to newly hire 83 employees, of whom 63 (about 75%) will be local talents.

Minister of Trade, Industry and Energy Moon Seung-wook said, "I urge Gunsan-type job companies to create an electric vehicle industry cluster during this era of industrial transformation toward green and digital, enriching the local economy and contributing to the growth of our economy," adding, "We plan to continuously discover and provide necessary support projects so that the effects of the win-win regional job projects can be sustained, and to closely communicate with local governments to identify and resolve difficulties in the operation process."

This content was produced with the assistance of AI translation services.