A second version of the report cut most of the important details.
From Reuters’ “Apple, Hyundai set to agree electric car tie-up, says Korea IT News” posted Sunday morning:
Hyundai Motor and Apple Inc plan to sign a partnership deal on autonomous electric cars by March and start production around 2024 in the United States, local newspaper Korea IT News reported on Sunday…
An updated version of the IT news report removed details, including production location and capacity and the timeframe for signing the agreement and launching the pilot vehicles.
The previous version said the companies planned to build the cars at Kia Motors’ factory in Georgia, or invest jointly in a new factory in the United States to produce 100,000 vehicles around 2024. The full annual capacity of the proposed plant would be 400,000 vehicles. Kia Motors is an affiliate of Hyundai Motor.
The report also said Hyundai and Apple planned to release a “beta version” of the Apple cars next year.
My take: An unusual level of push-back on this story.