SUNGWOO Decides on 28 Billion Won New Investment and Local Subsidiary Establishment in Monterrey, Mexico

Decision to invest 28 billion won in new facilities and establish a local subsidiary in Monterrey, Mexico.
Purpose: Respond to the North American EV market, meet local supply chain demands from customers' expanded North American production, reduce tariffs and logistics costs.
Investment period: From August 1, 2026 to June 30, 2027.

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