Apple held talks with electric vehicle startup Canoo about possible acquisition


Canoo is a California-based EV startup.
Photo: Canoo

Hyundai is rumored to be on the verge of signing a deal with Apple to build an electric car. But Hyundai wasn’t the first automaker Apple approached about a deal, a new report claims.

As per The Verge, Apple held meetings with the California-based EV startup Canoo in early 2020. The two companies discussed options such as an Apple investment or even an outright acquisition, sources familiar with the conversations suggest.