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Hyundai plans to launch new range of EVs for ride-hailing firms

Recently, Hyundai Motor Group invested in major cab aggregator Ola and self-drive car-sharing platform Revv, and now it is planning to launch all new range of electric vehicles by 2021 especially for ride-hailing firms. The carmaker will manufacture the vehicles under the Smart EV platform. As per the reports, the vehicles can be supplied under the brand names of both Hyundai and Kia. No specific date has been mentioned.