South Korean Edison Motors bought San Yoong for $260 million

Now it intends to exceed Tesla After 10 years as a part of Makhindr's Indian group, San Yoong comes back to South Korea and passes under control startups Edison Motors, acquired the right for purchase 75% of actions of bankrupt car maker. The transaction approved by the Seoul court on affairs on bankruptcy, estimate at 304,8 billion wons (nearly $260 million at a current rate)...