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2 Electric Vehicle SPACs To Watch On Apple-Hyundai Rumors

2 Electric Vehicle SPACs To Watch On Apple-Hyundai Rumors
Apple Inc. (NASDAQ:AAPL) and Hyundai Motor Company (OTC:HYMTF) are exploring partnering on self-driving electric vehicles, according to Bloomberg. Hyundai confirmed the talks and later backtracked saying it talked to numerous automakers.

The launch of the Apple Car is several years away, according to recent reports. Apple could follow the approach of Tesla Inc. (NASDAQ:TSLA) and bring everything in-house.

Click here to check out Benzinga’s EV Hub for the latest electric vehicles news.

2 SPACs To Watch: The news of Hyundai being a potential partner for Apple could put attention on two electric vehicle-related SPACs.

Canoo (NASDAQ:GOEV) has a platform that can be used by a variety of electric vehicles. The company has a partnership with Hyundai, an investor in the company.
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