Hyundai Motor exits Ola Electric with 552 crore stake sale; Kia also offloads shares
Tuesday, 3 June 2025 Hyundai Motor Company fully exited Ola Electric Mobility, selling its 2.47% stake for Rs 552 crore. Kia Corporation also divested a 0.62% stake for Rs 137.35 crore. Citigroup Global Markets Mauritius acquired a 1.95% stake for Rs 435.47 crore, leading to a fall in Ola Electric's stock price amidst reported net losses.
The new Enyaq boasts even more extensive standard equipment, including heated front seats, a heated steering wheel, and technical upgrades. The KESSY keyless entry and start-stop system, including..
The new Enyaq boasts even more extensive standard equipment, including heated front seats, a heated steering wheel, and technical upgrades. The KESSY keyless entry and start-stop system, including..
The new Enyaq boasts even more extensive standard equipment, including heated front seats, a heated steering wheel, and technical upgrades. The KESSY keyless entry and start-stop system, including..
Ola Electric's stock experienced a slight increase of 1.07% to Rs 49.86 amidst the aftermath of Hyundai and Kia's stake sale. The automakers divested their... IndiaTimes
Tuesday, 3 June 2025
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