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SMIL Strengthens EV Presence with Additional Stake in REE Automotive image
Electric Vehicles
SMIL Strengthens EV Presence with Additional Stake in REE Automotive
Samvardhana Motherson International Limited’s subsidiary, SMRP B.V., will invest $5–7 million in REE Automotive to maintain its stake. The Israeli EV firm is raising capital to support the commercialisation of its order book.

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