Over the past few months, rumors of a partnership between Apple and Hyundai – including affiliate company Kia – have made waves across the internet, seemingly leaving the deal in shambles. Friday Kia’s shares rose over 8% following a story from South Korean news site Chosun Biz which claimed that negotiations on a potential electric […]
Hyundai’s hopes to build an electric vehicle (EV) for tech giant Apple began to wane in recent weeks, and in a recent update, it appears the companies will no longer be pursuing a partnership. According to a regulatory filing from Hyundai and Kia, the company has said they “are not in talks with Apple over […]
More details of Apple’s rumoured electric vehicle plans are emerging, with the latest from CNBC citing more details about the company’s reported relationship with Hyundai-Kia. Multiples sources claim Apple and Kia are close to finalizing a deal to assemble the iPhone maker’s electric vehicle at the latter’s West Point, Georgia plant. Earlier this week, Bloomberg […]
The electric vehicle (EV) market is still in its infancy, to be sure, but companies are already making some big moves to secure their spots in an all-electric future. Kia Motors, the affiliate company of Hyundai, saw its share prices surge 14.5% following announcements that Apple would be investing 4 trillion won ($3.6 billion USD) […]
In a press release Thursday, Kia announced the renewal of its brand purpose and strategy, also dropping the word ‘Motors’ from its corporate name to now simply be called ‘Kia.’ With the new change, it also announced a new slogan, “Movement that inspires,” and new goals to completely prioritize its Plan S – a long-term […]
