Pyeongtaek is KG Mobility’s only vehicle plant, and it has outlasted every one of the company’s owners. The factory opened in 1979 and has built cars through SsangYong, Daewoo, SAIC, Mahindra and now KG Group control, along with two receiverships, in January 2009 and December 2020, that each threatened to shut it rather than merely change its ownership.
The plant covers about 850,000 square metres and currently turns out an estimated 200,000 to 240,000 vehicles a year, though public figures vary. It builds the company’s entire current model range on one site: the Torres and Torres EVX, the Actyon, the Musso pickup and the Rexton. KG Mobility has said it plans to build a new factory at Pyeongtaek with capacity for up to 300,000 vehicles a year by 2028, a target tied to growing exports to markets outside Japan and North America, where the company does not currently sell.
The plant’s continuity is itself part of the company’s story. Four ownership changes since 1997 - Daewoo, SAIC, Mahindra and KG Group - and two separate receiverships never stopped production at Pyeongtaek for long enough to move it elsewhere, which is part of why the guide to Korean car brands treats KG Mobility as the constant in an otherwise turbulent ownership history.
