Hyundai Motor and Kia Have Not Held Discussions with Apple on Autonomous Vehicle Development (Update)

[Asia Economy Reporter Ki-min Lee] Hyundai Motor Company and Kia denied the 'Apple Car' collaboration rumors with Apple that surfaced earlier this year on the 8th.

Hyundai Motor and Kia issued a public announcement that morning stating, "We are not in discussions with Apple regarding the development of autonomous vehicles."

They also emphasized, "We have received requests for joint development cooperation related to autonomous electric vehicles from multiple companies, but no decisions have been made as it is still in the early stages."

Earlier, on the 8th of last month, when news broke that Hyundai was negotiating joint electric vehicle development with Apple and their stock price surged, Hyundai had announced, "We have received requests for joint development cooperation related to autonomous electric vehicles from multiple companies, but no decisions have been made as it is still in the early stages."

However, foreign media continued to report on the Apple Car collaboration rumors between Hyundai Motor Group and Apple, attracting industry attention. On the 5th (local time), Bloomberg News cited sources reporting that Apple recently halted discussions with Hyundai Motor and Kia regarding electric vehicle development.

On the other hand, on the same day, The Wall Street Journal (WSJ) reported that Kia is contacting potential partners regarding plans to assemble the 'Apple Car' at its factory in the state of Georgia, USA.

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