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Samvardhana Motherson, India to invest USD 5-7 million in REE Automotive

On March 21, Samvardhana Motherson International Limited (SAMIL) announced its subsidiary SMRP B.V. (Samvardhana Motherson Automotive Systems Group B.V.,) will invest between USD 5-7 million in REE Automotive Ltd. to maintain its current shareholding percentage. The investment supports REE Automotive's commercializat....

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