Business
Hyundai execs wary of Apple electric car partnership: Report – Business Insider – Business Insider
Some execs at Hyundai are reluctant to become a contract manufacturer for Apple’s electric cars, which could scupper a deal, Reuters reported.
Executives at South-Korean car giant Hyundai are split over whether the company should partner with Apple to make an electric vehicle, according to a Reuters report.
Hyundai acknowledged in early January that it was in “early-stage” discussions about making an electric car with Apple. But some execs are wary of becoming a contract manufacturer for the US tech giant, one executive familiar with internal discussions told Reuters.
“We are not a company which manufactures cars for others,” they said….
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