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South Korean automobile major Hyundai Motor group said it is investing USD 300 million in ride hailing service provider Ola, identifying India as the centrepiece in its strategy to gain leadership in global mobility market. The investment will be jointly made by group firms Hyundai Motor Company and Kia Motors Corporation and under a tripartite agreement with Ola, the companies will jointly develop electric vehicles ecosystem and fleet services for global markets. ....

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