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Apple and Hyundai plan to have electric car partnership by March: daily

SEOUL, Jan 10 (Reuters) – Hyundai Motor and Apple Inc plan to sign a partnership agreement for autonomous electric cars by March and begin production in 2024 in the United States, local newspaper Korea IT News reported on Sunday.

The report follows a Friday statement from Hyundai Motor announcing initial talks with Apple, after another local media outlet said the two were aiming to commercialize an autonomous electric car by 2027, sending Hyundai’s shares soaring nearly a year. twenty%.

The recent report, which cited industry sources, said the two plan to assemble the cars at the Kia Motors factory in Georgia, or jointly invest in a new complex in the United States, to produce 100,000 vehicles by 2024 at a facility with a capacity annual of 400,000 vehicles. Kia Motors is a subsidiary of Hyundai Motors.

The report said that Hyundai and Apple plan to launch a “beta version” of Apple vehicles next year.

Both Hyundai Motor and Apple did not comment.

Reuters had reported last month that Apple was advancing autonomous car technology and aimed to produce a passenger car with its own battery technology in 2024. (Report by Hyunjoo Jin Edited in Spanish by Javier López de Lérida)

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