Apple and Kia May Yet do a Car Deal

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Despite previously stating that talks were off, a car partnership between Apple, Hyundai, and its affiliate Kia could yet happen. Reuters picked up on reports coming out of South Korea.

Online site Chosun Biz said on Friday that Apple and Kia had signed a memorandum of understanding (MOU) last year and had agreed to pursue cooperation in eight sectors, including electric vehicles. It said negotiations on electric vehicles had not been completely cancelled. “Even if the negotiations on electric vehicles fail, there are many items that can be negotiated in other fields, so we are still optimistic about the possibility of partnership between the two sides,” Chosun cited an unnamed source familiar with negotiations between Hyundai and Apple as saying. Aside from electric vehicles, Kia and Apple are also discussing cooperation in “last mile” mobility, or transport to complete a final short distance to a destination after using another means of transportation, Chosun said

Check It Out: Apple and Kia May Yet do a Car Deal

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