Tag - Apple

Apple’s electric car

After negotiations with Hyundai, Kia or Nissan are said to have failed. Apple is now considering hiring Foxconn or Magna, according to a report.

Apple has apparently still not found a manufacturer for its first electric car. Talks with vehicle manufacturers who were supposed to take over production for the iPhone manufacturer have not been successful – at least according to the car companies concerned in partially veiled statements.

In addition to Hyundai and its subsidiary Kia, Apple has bitten the bullet with Nissan. According to a report, Apple now wants to rely on a different model – the use of genuine contract manufacturers, as the company has done for many years with the iPhone, iPad, Mac and others. There had been the corresponding speculation for some time. As the financial news agency Bloomberg now writes and the largest iPhone manufacturer Foxconn from Taiwan, the Austrian Magna Group is also on Apple’s list.

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Hyundai/ KIA deny talks around Apple electric car

In the future, things could get a little quieter around Apple’s plans and its autonomous electric car, which is to be manufactured by Hyundai or KIA. This is because the South Korean carmaker Hyundai and its subsidiary Kia are, according to their own information, not currently in talks with the US electronics giant Apple to build autonomous driving cars. This is according to a statement to the stock exchange in Seoul.

It was more or less known that Hyundai Motor and Apple plan to sign a partnership for autonomous electric cars by March. According to a report from Korea IT News, with this agreement as to the basis, production of the e-vehicle would be targeted in the United States starting in 2024. As recently as early January, Hyundai distanced itself from related rumors when information became public, hinting at collaboration between the two companies. Then, however, the word became more concrete, and the first prototype was announced for 2022. Hyundai and KIA recently said that they were not entirely happy with the role of contract manufacturers in the form of insiders.

Since the beginning of January, the rumors about Apple’s entry into e-mobility, which had repeatedly been circulating for several years, had gained new momentum. So far, there has been no talk of statements from the automakers or Apple itself. Apple is considered extremely sensitive when suppliers or partners want to publicly name the company as a customer. Whether the collaboration is finally off the table is questionable. It could be more realistic that Hyundai/KIA wants to take some pressure off the kettle to continue negotiations and plans with Apple in peace.