Samkee EV acquires additional 10.3 billion KRW shares of affiliate Samkee

Samkee EV announced on the 26th that it will additionally acquire 7.7 million shares of its U.S. secondary battery and automotive parts subsidiary, Samkee America Inc, for approximately 10.3 billion KRW.

After the acquisition, the shareholding ratio will be 53.3%. The scheduled date for the stock acquisition is the 25th of next month. Samkee EV stated that the purpose of this stock acquisition is to "secure a production base in the U.S. as part of the localization strategy."

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