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Hyundai Reject News About Partnership With Apple To Make Car

- Views 100 - 09 Jan 2021
Hyundai Motor Company has once again withdrawn its statement that talks are underway with Apple to develop an autonomous electric car.

In the first correction, the Korean automaker claimed it was just one of the many automakers Apple had approached, and in the second correction, it completely avoided any reference to Apple Is.

When Korean media initially reported that Hyundai was in talks with a tech company to develop a new smart car, the automaker's shares were up 19%.

However, it will take Apple at least half a decade to launch a self-propelled electric car because it lacks the experience and manufacturing capabilities to do so, so it has to collaborate with an existing automaker. Tries
Since Hyundai has also backtracked on its original statement, it has yet to be said who Apple will choose as a partner.

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