The logo of Hyundai is shown at the #WeAreMobility fair at the 97th edition of the Brussels Motor Show on 18 January 2019, in Brussels.
Dirk Waem | AFP via Getty Images
SINGAPORE — Shares of Hyundai Motor surged 20% after the South Korean automaker said it was in early stage talks with Apple over the possibility of working together to develop a self-driving car.
“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,” a representative from Hyundai Motor told CNBC’s Chery Kang.
The statement followed a local report from the Korea Economic Daily that said Apple suggested the…