SEOUL (Reuters) – South Korean automaker Kia said in a regulatory filing on Wednesday it is reviewing cooperation on its self-driving electric vehicle (EV) business with multiple foreign companies, but that nothing has been decided.
South Korean online media Edaily reported late on Tuesday that Kia’s parent Hyundai Motor Group decided that Kia would be in charge of a proposed cooperation with Apple regarding electric vehicles, citing unnamed industry sources.
Shares in Kia were up 7.9% as of 0127 GMT, compared to a 0.1 fall in the wider market.
(Reporting by Joyce Lee; Editing by Tom Hogue)
