[Featured Stock] Kia Motors Rises on 'Apple Car Collaboration Rumors' Alongside Hyundai Motor Group Shares

[Asia Economy Reporter Lee Seon-ae] As news spreads that Hyundai Motor has designated Kia Motors as the production lead for cooperation on Apple’s autonomous electric vehicle, the ‘Apple Car,’ Hyundai Motor Group stocks are showing a simultaneous rise.

On the 20th, Hyundai Motor’s stock price surged to 277,000 KRW during trading, and as of 9:26 AM, it is trading at 262,500 KRW, up 0.38% from the previous day.

Hyundai Wia and Hyundai Mobis are showing increases of 5.30% and 0.14%, respectively.

Kia Motors is trading at 93,800 KRW, up 10,400 KRW (12.47%) from the previous day. The Georgia plant in the United States is emerging as a candidate for Kia’s Apple Car production base. Established 11 years ago in the southeastern United States, the Georgia plant covers an area of 2,612,000㎡ and is equipped with press, body, painting, and assembly factories.

However, Hyundai Motor Group maintains that no decisions have been made yet.

This content was produced with the assistance of AI translation services.