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  • Kia shares soared Wednesday after media reports linked it to Apple's rumored electric car project.

  • South Korea's E Daily says parent firm Hyundai Motor Group has decided Kia will be in charge off working with the US Tech giant.

  • The report cited unnamed industry sources, and Kia would only say it was reviewing cooperation on electric vehicles with multiple foreign firms.

  • There was no comment from Apple earlier this month.

  • Young Day did say it was in early talks with the iPhone maker that after Reuters reported in December that Apple was moving ahead with plans to produce a car as early as 2024.

  • Kia last week revealed a new logo and other branding changes as part of what it said was a move beyond vehicle manufacturing.

  • But it didn't specify what new projects it had in mind.

Kia shares soared Wednesday after media reports linked it to Apple's rumored electric car project.

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B1 kia apple electric hyundai soar reviewing

Kia shares soar on reports of link to Apple car

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    林宜悉 posted on 2021/01/20
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