Cupertino tech giant Apple will allegedly sign a $3.6 billion deal with carmaker Kia Motors for the “Apple Car” partnership. According to local newspaper DongA, the technology manufacturer will announce its major deal with Kia Motors on February 17th due to the company’s increased efforts to produce electric cars.
Apple to produce 100,000,000 cars a year from 2024
Rumor has it that Apple is planning to produce about 100,000 cars a year starting in 2024. According to the report revealed by Bloomberg, it is not yet clear for what purpose the Kia partnership with Apple will use it to build the Apple Car.
Whether the Kia partnership will be a designer-supplier relationship, such as the relationship between Apple and Foxconn in the iPhone supply chain, will become clear later.
In addition, let’s mention that the news that Apple will produce a car is based on 2015, when the Apple electric vehicle project “Project Titan” first appeared.
While there are thousands of engineers and designers initially working on all kinds of components required for a car, Apple has reduced its targets over time as of 2017 to focus only on its stack of autonomous driving software.
But many recent reports have shown that Apple is once again connected to the “car” part of the Apple Car. So much so that the company hired several executives at Tesla and Porsche’s vice president of case development. At the same time, in December, Reuters launched the latest wave of Apple Car rumors by reporting that the Apple Car will begin production with “groundbreaking battery technology” in 2024.
How do you evaluate these allegations made about Apple, which is expected to sign with Hyundai in March, according to previous rumors?