Hyundai and its affiliate Kia say they are not in talks with Apple to develop an autonomous vehicle; Hyundai shares fell ~8.4% in Seoul, while Kia dropped 14%
- Apple's plans for own-branded EV are being intensely watched — Hyundai's new EV platform can charge cars to 80% in 18 minutes
Bloomberg
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Discussion
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@shiraovide
Shira Ovide
on x
I know this isn't Apple M.O., but what if it just said out loud that it's working on a car and it is evaluating possible manufacturing partners? Would that be so bad? https://www.bloomberg.com/...
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@markgurman
Mark Gurman
on x
As we first reported Friday- Hyundai/Kia say in filing they're NOT discussing a car deal with Apple. https://twitter.com/...
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@sawyermerritt
Sawyer Merritt
on x
NEWS: Apple talks with Hyundai Motor Group have broken down without an agreement Hyundai affiliates said Monday. In regulatory filings, Hyundai Motor Co. and Kia Corp. said they are “not in talks with Apple over developing an autonomous vehicle.” 1/3 https://www.wsj.com/...
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@teslaconomics
@teslaconomics
on x
People DO NOT understand how excruciatingly difficult it is to build a software hardware integrated electric vehicle that drives on its own and gets smarter and better over time. Tesla has been ALL IN since day one for 18 years. Apple has not. $TSLA https://www.wsj.com/...
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@teslaownerssv
@teslaownerssv
on x
Sad to hear about the apple deal breaking down. It goes to show how hard making autonomous electric vehicles is. Until a company puts it on the road it's all talk. https://twitter.com/...