Apple Said To Invest In Kia For Its Self-Driving Electric Car
Apple is said to be partnering with Kia to build an autonomous electric car. A South Korean newspaper reports that Apple and Kia will announce their $3.6 billion deal soon. Apple stock was little changed by the news, but Kia shares jumped by about 10% after the report, rising to their highest level since 1997. Q4 2020 hedge fund letters, conferences and more Apple reported to be investing in KiaSouth Korea's Dong-a llbo newspaper reports that Apple will purchase an equity stake in Kia for $3.6 billion. The money will go to construct a factory that will build the self-driving electric car in Ge...