Apple and Hyundai will reach a partnership agreement by March for the upcoming Apple Car, according to a new report shared by Reuters, with reference IT News in Korea.
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Before being reviewed, the IT News in Korea According to the report, the companies can manufacture the electric vehicles in a factory in Georgia owned by Kia Motors, a subsidiary of Hyundai Motor Group, or invest in a new factory in the United States that produces up to 400,000 vehicles annually. can produce. The report also mentions that a “beta version” of the “Apple Car” could be released in 2022.
Reuters Last month it was reported that production of Apple Car could possibly start around 2024, and that the time frame is reflected again in today’s report. A start of 2024 with production could be a bit ambitious, as a report from Bloomberg Last week said that the ‘Apple Car’ ‘is nowhere near a production stage’ and that it could be ready in five to seven years.
Rumors that Apple is in negotiations with Hyundai surfaced for the first time last week indicating that Apple intends to manufacture electric vehicles and develop batteries with the carmaker due to the high cost of the technology and the necessary production facilities.
Hyundai initially confirm its electric vehicle discussions with Apple in a statement to CNBC, but the statement was revised hours later without Apple mentioning it.