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Apple, Hyundai-Kia close to finalizing deal to build autonomous electric vehicles: CNBC Updated: 2021-02-04 13:27:43 KST

Apple is reportedly close to reaching a deal with South Korea's Hyundai-Kia Automotive Group to build Apple-branded self-driving cars.
That's according to CNBC, citing sources it says are familiar with the matter.
The sources say the tentative deal would have Kia make the cars at its plant in the U.S. state of Georgia, where Kia has spare capacity.
But they also note that Apple could choose to work with another company instead of or in addition to Hyunda-Kia.
Reports have said Apple is shooting to start having the car produced in 2024, but the CNBC sources say that could be pushed back.
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