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Kia says it's looking at EV projects with multiple firms after Apple report

  • Posted: 21-01-2021

Kia said on Wednesday it's reviewing cooperation on self-driving electric vehicles with multiple foreign firms, making no mention of a report linking it to a project with tech giant Apple.

Kia's sister company Hyundai said earlier this month it was in early talks with Apple, after local media reported the firms were discussing an EV and battery-tie up, sending Hyundai shares up nearly 25 percent. Apple declined to comment at the time.

In December, Reuters reported that Apple was moving forward with self-driving vehicle technology and was aiming to produce a passenger vehicle that could include its own breakthrough battery technology as early as 2024.

Kia last week changed its corporate brand to simply 'Kia' from 'Kia Motors' in what it said was part of a new strategy aimed at taking the company "beyond vehicle manufacturing to create sustainable mobility solutions," without providing specific details of new projects.

"Changing our corporate name and logo is not only a cosmetic improvement," said Kia President Song Ho-sung. "It represents us expanding our horizons and establishing new and emerging businesses that meet and exceed the diverse needs of our customers worldwide."

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