Hyundai throws weight behind ride-sharing firms

Seoul

AS Google's Waymo, General Motors Co and others race to bring driverless cars to showrooms, the argument over who will buy cars in the technology era is getting louder.

Hyundai Motor Co, a late-comer to electrification and autonomous driving, is betting against individuals owning robot cars and preparing for a future in which the biggest buyers will be ride-sharing giants such as Uber Technologies Inc, Lyft Inc and GrabTaxi Holdings.

The South Korean carmaker said last month that it invested in Singapore…