KGM, Domestic Market Recovery... March Sales Up 20% Compared to Previous Month

New Model Effects from Musso EV and Torres Hybrid

KG Mobility's domestic sales in March this year exceeded 3,000 units, showing a 20% increase compared to the previous month, signaling a rebound. This was thanks to the launch effects of new models such as the Musso electric vehicle (EV) and Torres hybrid.

On the 1st, KG Mobility (KGM) announced that it sold a total of 9,483 units globally in March, including 3,208 units in the domestic market and 6,275 units in exports. This performance represents a 12.1% increase compared to the previous month.

In particular, the Musso EV sold 526 units last month in the domestic market, and cumulative contracts surpassed 3,200 units within two weeks of the official contract launch. Additionally, with increased sales of the Torres hybrid, Torres sales also rose by 82.7% compared to the previous month, reaching 1,058 units.

KGM expects sales volume to increase as the full-scale delivery of new models such as the Musso EV and Torres hybrid begins.

KGM Musso EV. Provided by KG Mobility

Exports exceeded 6,000 units with increased sales to countries such as Germany and Hungary, marking a 4.6% increase compared to the same month last year.

KGM started the year with the launch of the Actyon in T?rkiye in January, held a large-scale dealer conference in Germany in February, and last month signed an MOU to expand the supply of official vehicles in Peru, actively working to increase sales volume in overseas markets.

A KGM official stated, "Along with the increase in export volume and the recovering domestic market, sales will increase as the full-scale delivery of the Musso EV and Torres hybrid begins. We will focus all efforts on responding to both the rising export market and the domestic market to increase sales volume."