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Hyundai buys stake in lithium metal battery startup SolidEnergy Systems

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The carmaker said it has invested USD100 million to acquire an undisclosed stake in SES

South Korean carmaker Hyundai Motor Company has invested about USD 100 million to acquire an undisclosed stake in U.S.-based lithium metal battery startup SolidEnergy Systems (SES), Reuters reported on July 5, citing Korean news publication Yonhap.

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