Nissan Motor Co Ltd refuted reports that it is in talks with Apple Inc. about a tie-up for its autonomous car project.
According to reports, the iPhone maker has been negotiating with Nissan in recent months.
However, their brief discussions reportedly faltered over Nissan’s reluctance to become an Apple car assembler and that the talks had not advanced to senior management level.
While noting that it is not in talks with Apple, a Nissan spokeswoman emphasized that the Japanese carmaker explores collaborations and partnerships to accelerate industry transformation.”
Early-stage talks between Apple and Hyundai Motor Group over autonomous electric cars also recently collapsed on concerns within the South Korean automaker about becoming a mere contract manufacturer.
The auto industry does not have a major contract manufacturer.
Apple is aiming to produce a passenger vehicle that could utilize its breakthrough battery technology by 2024.


Chinese Brands Are Taking Over Brazil — And It's Just Getting Started
Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth
Pony.ai, Uber, and Verne Launch Europe's First Commercial Robotaxi Service in Zagreb
San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home
MATCH Act: How New U.S. Chip Legislation Could Freeze China's Semiconductor Ambitions
BHP's Incoming CEO Visits China Amid Pricing Dispute with CMRG
Chinese Cars in Europe: Consumer Trust Is Shifting Fast
Foreign Investors Pour $18.65 Billion into Japanese Stocks Amid Market Stabilization
Tokyo Electric Power Attracts Major Investors Amid Billion-Dollar Restructuring Push
Rio Tinto's California Boron Assets Attract Over a Dozen Bidders, Valued at Up to $2 Billion
China Vanke Seeks Bond Extension Amid Mounting Debt Crisis
SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20
Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles
China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs
OpenAI Addresses Security Vulnerability in macOS App Certification Process
U.S. Automakers Push Back Against EU Rules Blocking American Trucks from European Market
FedEx Pilots and Union Reach Tentative Agreement on 40% Pay Increase 



