Apple and Hyundai will reach a cooperation agreement on the upcoming Apple car before March. Reuters, Quote Korea IT News.
Before modification, Korea IT News According to the report, these companies may produce electric vehicles at a plant in Georgia of Kia Motors, a subsidiary of Hyundai Motor Group, or invest in a new plant in the United States with an annual production capacity of 400,000 vehicles. The report also mentioned that the “beta” version of “Apple Car” may be released in 2022.
Reuters It was reported last month that the production of the “Apple Car” may begin around 2024, and this time limit was again responded to in today’s report. A report to start production in 2024 may be a bit ambitious, Bloomberg It was stated last week that the “Apple Car” is still “near production stage” and may be ready in five to seven years.
There are rumors that Apple is negotiating with Hyundai, which first surfaced last week. This shows that due to the high cost of technology and the necessary production facilities, Apple is planning to cooperate with automakers to produce electric cars and develop batteries.
Hyundai Motor initially confirmed its electric vehicle discussions with Apple in its statement with Apple CNBC, But the statement was revised a few hours later without mentioning Apple.