A new report showed Apple and Kia are close to a deal in which the former will invest $ 3,6 billion in the latter for the production of electric vehicles in the future.
According to the report East Asia (Via GSMArena), the Cupertino giant appears to be planning a partnership with a subsidiary of Hyundai. , Kia, for its production site in Georgia, USA. The iPhone maker reportedly expects its large-scale investment production of electric vehicles to begin by 2024. Apple plans to reach 100 vehicles per year, with further expansion to 000 units per year.
The report came from sources close to the matter, who said Apple is leaning towards Hyundai as its primary partner to start producing cars. The main reason for this has to do with the automotive giant's electric vehicle platform, E-GMP, as well as its manufacturing facilities in the United States and its projected ability to start production by 2024. Kia will be responsible for managing the manufacturing process and manufacturing process.
In the meantime, Apple will control self-government or autonomous systems. This will include software, hardware, user interface, battery technology, semiconductors and other aspects. In addition, Apple and Hyundai have been in talks on the production of electric vehicles for some time now. It is currently unclear if the deal is set in stone, as reports claim that the automaker's executives are still evaluating the deal, while other news claims the company is more than ready to close the deal. So stay tuned for updates on this.
