Reuters reports Nissan Motor Co. said Sunday he is not in talks with Apple Inc. to develop an autonomous electric motor.
Earlier, the Financial Times reported that Apple had started short, low-level talks that ended with the reluctance of the Japanese carmaker to manufacture Apple cars.
“We are not in talks with Apple,” a Nissan spokesman told Reuters. “However, Nissan is always open to cooperation and partnerships to accelerate the transformation of the industry.”
Nissan part 7201,
traded at 3% in Tokyo.
Apple AAPL,
is reportedly looking for a partnership with a carmaker to launch a self-driving electric car as early as 2024.
Last week, South Korea’s Hyundai Motor Co. 005380,
said it was no longer in talks with Apple, after negotiations leaked in January.