AD Motors

AD Motors was a South Korean electric-vehicle maker based in Seoul, founded in June 1990 as Excon Co., Ltd. and renamed AD Motors Co., Ltd. in January 2010. It was listed on the KOSDAQ exchange in August 2000, and in March 2010 it expanded and relocated its manufacturing plant and research centre to Hwaseong-si in Gyeonggi-do province, where it built electric-vehicle production facilities with a capacity of around 8,000 cars…