SsangYong has revealed the electric Korando e-Motion, it's first electric model, and confirmed it will be launched in Europe later this year.

The car's introduction has been sped up as part of the Korean car-maker’s strategy to resolve its financial issues.

In December, SsangYong Motor Company applied for bankruptcy to South Korea’s Seoul Bankruptcy Court after the impact of the coronavirus pandemic left it facing financial difficulties.

Production of the Korando e-Motion has already started in Korea, with a UK launch expected in the final quarter of 2021. 

It’s based largely on the existing Korando model and is set to rival value-focused models like the MG ZS EV.

SsangYong previously hinted that the Korando e-Motion would feature a 61.5kWh battery pack, giving a range of 260 miles (NEDC) and a power output of around 190PS.

SsangYong Motors Receiver, Yong Won Chung says: "We are establishing a strong foothold for corporate rehabilitation through a successful M&A and putting our very best efforts into new car development by addressing the rapidly changing automotive trends. In addition, we are expanding the line-up of eco-cars, discovering future growth opportunities such as new business models, and preparing for renewed competitiveness."

A second electric SsangYong model has also been announced, entering the medium-sized electric vehicle segment alongside the Skoda Enyaq and VW ID4. Known as the J100, it is expected to be based on a new standalone platform developed for electrification.

Only teaser images exist and they suggest the model will feature a rugged look with styling cues that hint at an increased off-road capability.