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Tuesday 9 February 2021
Hyundai, Kia say they're no longer helping build the Apple car
South Korea’s Hyundai said on Monday it is not now in talks with Apple on autonomous electric cars, just a month after it confirmed early-stage talks with the tech giant, sending the automaker’s shares skidding.
The announcement brings the curtain down on weeks of internal divisions at Hyundai Motor Co Group – parent to both Hyundai and to Kia, which was reportedly to be Apple’s operational partner on the new car – about the potential tie-up, with some executives raising concerns about becoming a contract manufacturer for the U.S. tech giant in a manner reminiscent of electronics firm Foxconn’s role in making device for Apple like the iPhone.
Read the whole news on driving.ca