Hyundai exits Ola Electric, Kia cuts stake in $80 million share sale
Hyundai Motor sold its entire stake in Ola Electric, while rival South Korean carmaker Kia trimmed its holding, in a combined share sale worth ₹689 crore, according to exchange data. Hyundai, which held a 2.47 per cent stake in the company, sold shares at a price of ₹50.70, while Kia offloaded 0.6 per cent of…
