Let the Apple Car rumors sloooow down. Hyundai and its subsidiary Kia talking with Apple about partnering in a self-driving electric vehicle, according to Bloomberg.
The companies paused discussions about two weeks ago, the article adds. One possible reason: Apple was “upset” over Hyundai’s pre-announcement of a potential deal.
On Feb. 3, Bloomberg reported that Apple was rumored to be planning to invest 4 trillion won (about US$3.6 billion) in Kia Motors as part of a planned manufacturing partnership between the two companies.
On January 8, Korea IT News reported that Apple and Hyundai would team up to produce electric vehicles. On January 10, it was reported that Apple and Hyundai plan to sign a partnership deal on autonomous electric cars by March and start production around 2024 in the U.S.
hen, on January 19, Korea’s eDaily claimed that Hyundai intends to transition the company’s “Apple Car” partnership to its Kia brand as part of an arrangement that could see production move to the U.S.