South Korea’s Hyundai Motor Co said on Friday it was in early, unspecified talks with Apple after a local broadcaster said the pair were discussing an electric car and battery tie-up, sending Hyundai shares surging 24%. In a regulatory filing issued later, the automaker said it was “getting requests for cooperation on joint development of autonomous electric vehicles from various companies”, without identifying any of them.
SEOUL: South Korea’s Hyundai Motor Co said on Friday it was in early, unspecified talks with Apple after a local broadcaster said the pair were discussing an electric car and battery tie-up, sending Hyundai shares surging 24%. “Apple and Hyundai are in discussions but they are at an early stage and nothing has been decided,” Hyundai said in a statement without saying what the talks were about. Apple declined to comment. In a regulatory filing issued later, the automaker said it was “getting requests for cooperation on joint development of autonomous electric vehicles from various companies”, without identifying any of them.
