In early Apple talks, Hyundai keeps mum on electric vehicle tieup report netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.
An Apple-branded car could be a big challenge to EV market leader Tesla Inc.
Seoul: South Korea s Hyundai Motor Co said on Friday it was in early talks with Apple after a domestic broadcaster said the firms were discussing an electric car and battery tie-up, sending Hyundai shares surging 25 per cent.
The report comes weeks after Reuters reported that Apple was moving forward with self-driving car technology and was aiming to produce a passenger vehicle that could include its own breakthrough battery technology as early as 2024.
Hyundai Motor Company, established in 1967, has grown into the Hyundai Motor Group, which was ranked as the world s fifth-largest automaker since 2007 and includes over two dozen auto-related subsidiaries and affiliates.
South Korea's Hyundai Motor Co said on Friday it was in early talks with Apple, after local media reported the firms were discussing an electric car and battery tie-up, sending Hyundai shares surging 25%.
South Korea’s Hyundai Motor Co said on Friday it was in early talks with Apple after a domestic broadcaster said the firms were discussing an electric car and battery tie-up, sending Hyundai shares surging 25%.