Hyundai shares soared 24% in Seoul trading after the report.
Apple Inc. has held talks with Hyundai Motor Co. about cooperation on driverless, electric vehicles, the South Korean car giant said.

The brief statement, which sent Hyundai’s shares soaring early Friday in Seoul, included no details and said talks were preliminary but offered rare public confirmation of Apple’s car-related efforts. The iPhone maker has been working secretly on the car project in fits and starts for more than six years, while watching the success of Silicon Valley’s Tesla Inc. ignite interest in electric vehicles.