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  • Kia shares surged Wednesday on reports it will soon sign a deal with Apple to produce electric cars.

  • The stock jumped as much as 14.5% to hit highs not seen since 1997.

  • That after South Korea's donna dot com said Apple would invest $3.6 billion in the car maker as part off the plan.

  • It says the new Eves will be made at a key a plant in the U.

  • S.

  • With the deal to be signed on February 17th.

  • The online news outlet didn't cite any sources for its report on There was no comment from the firms involved.

  • Last week, Reuters reported that parent firm Hyundai Motor Group had decided Kia would be the one to partner the iPhone maker.

  • At the time, Kia would only say it was reviewing cooperation on Eve's with multiple foreign firms.

Kia shares surged Wednesday on reports it will soon sign a deal with Apple to produce electric cars.

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