Hyundai confirms discussions about building a car with Apple

Last month Reutersreported that Apple’s Project Titan self-driving electric car effort could produce a vehicle by 2024 or so, and now there are more rumors suggesting the company is serious about getting into the business. Earlier today a Bloomberg report focused on a number of people who’ve been hired on recently, citing sources who claimed work is at an early stage but who also thought it was about a half-decade away from launching.

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Apple’s Senior Vice President of Software Engineering Craig Federighi speaks about CarPlay on stage during Apple’s World Wide Developers Conference in San Jose, California on June 05, 2017. / AFP PHOTO / Josh Edelson (Photo credit should read JOSH EDELSON/AFP/Getty Images)

Now CNBCquotes an unnamed spokesperson for Hyundai saying that “We understand that Apple is in discussion with a variety of global automakers, including Hyundai Motor. As the discussion is at its early stage, nothing has been decided.” That follows a Korea Economic Daily report that Apple proposed a deal to the company to develop a car as well as batteries.