London (CNN Business) Apple is reportedly in talks with Hyundai about cooperating on electric cars . The investment required to develop electric cars has helped spark a wave of partnerships across the industry, with companies teaming up to spread the costs. It is partnering with upstart Croatian automaker Rimac on electric cars, andrivals Grab and Ola on mobility services. The large number of existing partnerships could make Hyundai a more appealing partner to Apple. Tesla TSLA But it may be unlikely that Apple would team up with the world's largest electric vehicle company,.

Source: CNN January 08, 2021 16:30 UTC