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Hyundai's IPO in India highlights ambition to boost EV production and export hub strategy in India

Daniel Chiang, Taipei; Jingyue Hsiao, DIGITIMES Asia Monday 28 October 2024 0

Credit: Hyundai

Hyundai Motor's Indian subsidiary (HMIL) has officially listed in India, raising US$3.3 billion in the country's largest IPO to date. Hyundai plans to leverage India's position as the world's third-largest automotive market to establish it as a strategic...

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