SEOUL (Reuters) – Shares of Hyundai Motor Co surged as much as 17.5% to 242,000 won ($221.35) on Friday on a media report of cooperation between South Korean automaker and Apple Inc on developing electric cars and batteries.
Hyundai Motor declined to comment on the matter.
($1 = 1,093.2700 won)
(Reporting by Heekyong Yang; Editing by Christian Schmollinger)
