By Mike Murphy
Nissan Motor Co. on Sunday said it was not in talks with Apple Inc. to develop an autonomous electric car, Reuters reported .
Earlier, the Financial Times reported Apple had initiated brief, low-level talks that ended over the Japanese auto maker’s reluctance to manufacture Apple-branded cars.
“We are not in talks with Apple,” a Nissan spokeswoman said, according to Reuters. “However, Nissan is always open to exploring collaborations and partnerships to accelerate industry transformation.”
Nissan shares /zigman2/quotes/208298710/delayed JP:7201 -1.03% fell 3% in Tokyo trading.
Apple /zigman2/quotes/202934861/composite AAPL +0.53% is reportedly looking to partner with an auto maker to launch a self-driving electric car as soon as 2024.