Hyundai, Kia Sell Stake in Ola Electric, Exacerbating Share Slump
South Korean automakers Hyundai Motor and Kia sold about 136 million shares in Ola Electric Mobility on Tuesday, just days after the Indian e-scooter firm posted quarterly losses that had more than doubled. While Hyundai offloaded 108.8 million shares at an average price of 50.7 rupees (59 cents), Kia sold 27.17 million shares at Rs. 50.55 … Read more
