From yesterday's post: Apple and Kia finalise electric vehicle manufacturing deal
The Journal adding info now:
- Hyundai has talked to Apple about investing more than $3 billion in a deal that would see its subsidiary Kia begin building cars under the tech company's brand as soon as 2024, a person familiar with the matter said.
- Under such an agreement, up to 100,000 vehicles could be assembled in the first year in Georgia, where Kia has a factory, the person said. Korean newspaper Dong-A IlBo earlier reported the potential deal's scope.