Hyundai Spills the Tea about Upcoming Apple Car

 

It appears that Hyundai has sparked up some confusion over a possible electric car tie-up with Apple, saying that they were in the ‘early stage’ of talks with the iPhone company about a possible electric car collab.

 

Hyundai and Apple are talking about Apple Car production - Tech

 

However, it quickly backtracked, and hours later, the South Korean car company said it was talking with many potential partners without naming Apple.

 

 

The tie-up announcement also raised Hyundai’s share price by 20%, ‘Apple and Hyundai are in discussions, but they are at an early stage and nothing has been decided,’ it said in a statement which was later revised. Hyundai’s value shot up to $9bn after the Apple announcement.

 

Hyundai's confusion over Apple electric car tie-up - BBC News

 

A later version, therefore, omitted Apple, which is known for its secretiveness when it comes to new products and partnerships.

 

 

This news comes after Apple announced that it was moving forward with self-driving car technology, Project Titan, which should be launching in 2024. However, this could be pushed back to 2025 due to the pandemic.

 

Hyundai Motor says it is in early talks with Apple

 

Meanwhile, Hyundai has already been pushing into new technologies, including electric, flying, and driver-less cars.

 

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