Hyundai is in early talks with Apple to cooperate on EV and batteries. The news made Hyundai’s shares surge 24% to hit seven years high. “Apple and Hyundai are in discussions but they are at an early stage and nothing has been decided,” Hyundai said in a statement. Details about the talks with Apple were not disclosed. The two companies work together on CarPlay, Apple’s software for connecting iPhones to vehicles from a variety of automakers.

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