Apple Car will be 'very high-end model' and way more expensive than a TeslaApple is expected to focus on autonomous driving software and hardware, as well as integration with its current products.
What you need to know
A new report says Apple Car will be very expensive.
That's according to a supply chain report from analyst Ming-Chi Kuo.
Kuo seems to have confirmed numerous other details including a partnership with Hyundai, and more.
A new report says that Apple Car will be a "very high-end model" costing significantly more than its competitors.
In a research note seen by iMore, analyst Ming-Chi Kuo has spoken about the supply chain prospects of the project, and how companies like Foxconn will benefit. Kuo firstly highlights that Apple "will deeply cooperate" with Hyundai on Apple Car, as per previous rumors. He further notes that Kia will provide a production line in the United States, the company has a plant in West Point, Georgia. Interestingly, Kuo states that if the venture with Hyundai works, Apple could establish further partnerships with the li...
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Apple Car will be 'very high-end model' and way more expensive than a Tesla
