After ditching its electric-vehicle plans, Apple, Inc. (NASDAQ:AAPL) could be rekindling interest in the segment, if rumors are anything to go by. A report said late Monday that Cupertino was in talks to forge a partnership with Rivian Automotive, Inc. (NASDAQ:RIVN).
What Happened: Apple is “assessing the possibility of teaming up with a certain U.S. EV startup, and Rivian is a very likely candidate,” said Digitimes in a paywalled article, 9to5Mac reported.
The rumor’s originator, however, carried scant details and cited speculation among the supply chain.
Apple and Rivian did not immediately respond to Benzinga’s request for comment on the rumor.
Given the very preliminary nature of the speculation, the news could be subject to a lot of guesses and conjectures. The two relevant parties have key events coming up on Tuesday. Rivian is scheduled to report its first-quarter results after the market close, with analysts ...