[Featured Stock] Pine Digital Gains Attention for Supplying Navigation to Edison Motors, Targeting Tesla

[Asia Economy Reporter Minwoo Lee] Pine Digital's stock price is on the rise. The company's track record of supplying navigation software to Edison Motors, which aims to surpass Tesla by expanding its business into compact electric vehicles through the acquisition of Ssemisysco, appears to be gaining attention.

At 10:12 AM on the 8th, Pine Digital's stock price recorded 7,930 KRW, up 5.45% from the previous day. During the trading session, it surged as much as 12.90% to 8,490 KRW compared to the previous day.

Edison Motors' recent acquisition of a 50% stake in Ssemisysco through its holding company Energy Solutions seems to have acted as a positive factor. Edison Motors is expected to more aggressively pursue its goals of "building an electric mobility ecosystem" and "surpassing Tesla" through this acquisition. Additionally, Mappers, an electronic map software specialist company in which Pine Digital is the major shareholder, decided in March to supply AtlanEV navigation software to Ssemisysco's compact electric vehicle EV Zeta (EV Z).