06:50 AM EDT, 09/19/2024 (MT Newswires) -- Google's ( GOOG ) parent Alphabet (GOOG, GOOGL) unit Waymo has begun talks with South Korea's Hyundai Motor to outsource the manufacturing of its self-driving vehicles, South Korean newspaper Electronic Times reported late Wednesday, citing industry sources.

The talks aim to use Hyundai's Ioniq 5 electric vehicles for Waymo's sixth-generation autonomous driving technology, potentially replacing China's Zeekr EVs, amid US tariff hikes on Chinese imports, the report said.

Waymo did not immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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