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  • South Korea's Hyundai I said Monday it was not in talks of Apple about developing self driving cars.

  • The potential tie up was first reported in local media last month, with whom die confirming the talks were at a preliminary stage.

  • It's a Philip Kier was also reportedly involved in the discussions to develop electric cars, a new battery technology, by 2027.

  • The initial report sent shares in both automakers soaring, but they tumbled on Monday after it was confirmed the talks have been paused.

  • In separate regulatory filings, Hyundai and Kia both said quote, We're not having talks of Apple on developing autonomous vehicles.

  • Apple typically insists on strict secrecy from its potential partners.

  • The iPhone maker has never acknowledged it was in talks of Hyundai about building vehicles.

South Korea's Hyundai I said Monday it was not in talks of Apple about developing self driving cars.

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B1 hyundai apple developing monday potential kia

Apple, Hyundai not in talks on car development

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    林宜悉 posted on 2021/02/08
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