Were Rumors of Kia-Apple Tie-up Untimely?

Reports of a tie-up between Kia and Apple to make electric automobiles would possibly well even like been untimely.

Bloomberg reported last Friday that Apple has “paused” negotiations with Kia’s parent company Hyundai since it used to be upset about leaks from Kia that sparked a stock bonanza right here.

CNBC earlier claimed Apple and Kia like been “end to finalizing” a deal to “make an Apple-branded self reliant electric automobile on the Kia assembly plant in West Level, Georgia.”

An unofficial artist’s impact of Apple’s electric theory automobile /Courtesy of MacRumors

But Nikkei Business reported that Apple used to be moreover in talks with now not now not up to 6 Japanese automakers about contract production, and Apple has commented on none of the experiences.

Hyundai explains its space on Monday, but industry insiders explain it’ll totally have the opportunity to repeat that nothing has been made up our minds.

Business watchers question of the negotiations to drag on. Apple it appears to be hopes to delivery up making the electric automobiles in 2024, so there is peaceable heaps of time. But others explain there are now not many automakers within the U.S. totally different than Kia that would make EVs.

Kim Pil-soo at Daelim University stated, “You can not ignore the logo strength of Apple, but the Korean automaker perhaps desires to e-book fade of changing precise into a subcontractor of the U.S. tech huge.”

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