LG Group considers entering automotive market with PBV-based vehicles
LG Group is reportedly exploring the possibility of entering the automotive market with purpose-built vehicles (PBVs). While the company has previousl...
LG Group is reportedly exploring the possibility of entering the automotive market with purpose-built vehicles (PBVs). While the company has previously denied direct plans to manufacture cars, its subsidiaries, including LG Electronics, have already collaborated with Kia to develop a camper based on the PV5. Analysts note that the PBV segment remains a 'blue ocean,' and LG could leverage contract manufacturing through partners like Renault Korea or GGM.