Semisysco Changes Name to 'Edison EV'..."Starting as an Electric Vehicle Specialist Company"

[Asia Economy Reporter Hyunseok Yoo] Semisysco announced on the 27th that it will change its company name to Edison EV.

Semisysco plans to change its company name to Edison EV at the extraordinary general meeting of shareholders to be held on October 13.

A company official stated, "We decided to change the company name to build an image as a specialized electric vehicle manufacturer and to consider business synergy with our affiliate Edison Motors. Since we achieved a quarterly operating profit for the first time after entering the electric vehicle business in the second quarter, we will strive to show rapid results."

Edison Motors plans to sell vehicles such as electric trucks through Semisysco's nationwide network. Semisysco intends to enhance the ultra-compact electric vehicle EV-Z (Zeta) based on Edison Motors' core technologies such as BMS and motors, and expand its electric vehicle portfolio to include electric passenger cars and sport utility vehicles (SUVs).

The official emphasized, "We can expect to create business synergy through sharing and collaboration of the core competencies of both companies."

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