Covco

Covco, short for Cross Over Vehicle Corporation, was a South Korean maker of small electric vehicles based in Busan, with a corporate research institute at the Korea Electrotechnology Research Institute's business incubation centre in Changwon-si. The company was established in November 2000 under chief executive Yong-sik Shin, began prototype production the following month, and adopted the Covco name in September 2001, by which time it had completed development of two…