{"id":150677,"date":"2021-01-08T12:12:03","date_gmt":"2021-01-08T09:12:03","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/hyundai-shares-soar-on-apple-car-talks-reports\/"},"modified":"2021-01-08T12:12:03","modified_gmt":"2021-01-08T09:12:03","slug":"hyundai-shares-soar-on-apple-car-talks-reports","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/hyundai-shares-soar-on-apple-car-talks-reports\/","title":{"rendered":"#Hyundai shares soar on Apple car talks reports"},"content":{"rendered":"

“#Hyundai shares soar on App<\/a>le car talks reports<\/strong>”<\/p>\n

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\n South Korean auto giant Hyundai is reportedly in talks with Apple to manufacture self-driving electric vehicles
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Shares in South Korean automaker Hyundai soared Friday on the back of reports it was in talks with Apple for a joint project to manufacture self-driving electric vehicles.<\/p>\n

Hyundai Motor shares rocketed 19.4 percent in Seoul, with its affiliate Kia also jumping 8.4 percent at the close.<\/p>\n

The moves came after cable broadcaster Korea Economic TV said the iPhone maker had approached the South Korean company to discuss a potential partnership to develop electric cars and batteries for them.<\/p>\n

South Korea’s Yonhap news<\/a> agency quoted a Hyundai representative as saying the firm was “at an initial stage of talks with Apple”.<\/p>\n

Most major automakers and many technology<\/a> groups are currently developing autonomous vehicles, considered to be the future of the automobile, along with electric power. <\/p>\n

Consumer interest in eco-friendly vehicles has mounted in recent years with Tesla largely taking the lead in the sector.<\/p>\n

Apple’s Project Titan is devoted to self-driving technology but the firm is known for being ultra-secretive about business projects.<\/p>\n

Hyundai, South Korea’s biggest automaker, has already rolled out fully-electric cars including the Ioniq and the Kona Electric as it seeks to win a slice of the growing market.<\/p>\n

It has announced it will offer ten models of “electrified, eco-focused vehicles” including hybrid and hydrogen-powered models by the end of 2022.<\/p>\n

“We’ve been receiving requests for potential cooperation from various companies regarding development of autonomous EVs,” Hyundai Motor said in a statement sent to AFP.<\/p>\n

“No decisions have been made as discussions are in (an) early stage.”\n <\/p>\n\n

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Hyundai to test self-driving car service in California\n <\/p><\/div>\n

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\n \u00a9 2021 AFP<\/p>\n

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Citation<\/strong>:
\n Hyundai shares soar on Apple car talks reports (2021, January 8)
\n retrieved 9 January 2021
\n from https:\/\/techxplore.com\/news\/2021-01-hyundai-soar-apple-car.html<\/p>\n

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