KIA

Hyundai Motor will replace battery systems in some 82,000 electric vehicles globally due to fire risks

Early-stage talks between Apple and Hyundai Motor Group over autonomous electric cars also recently collapsed

Apple will aim to produce 100,000 vehicles annually by 2024 at the Kia plant

The companies are focused on designing and producing so-called Generation 2 electric vehicles

Settlement provides installation of software update to boost safety, performance

To speed up the development of autonomous vehicle technologies

Says plant construction is in full swing, awaits power, gas and other utilities

Amid an intensifying global race to develop greener technologies to replace combustion engines

Kia's re-entry into Pakistan will boost government efforts to shake up the Japanese-dominated car market

Kia is the latest of several automakers to invest in self-driving cars along with Google