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Author Topic: Apple and Hyundai-Kia close to finalizing deal on Apple Car  (Read 280 times)
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« on: February 04, 2021, 04:05:18 pm »

Apple and Hyundai-Kia close to finalizing deal on Apple Car

The Apple Car could be built in the United States.

What you need to know


Apple and Hyundai-Kia are close to finalizing a production deal.
Multiple sources say production could start as soon as 2024.


As reported by CNBC, multiple sources are saying that Apple and Hyundai-Kia are close to finalizing a deal to build Apple's rumored electric car at the Kia factory in West Point, Georgia (United States). According to those familiar with the talks, the vehicle could go into production as soon as 2024, but they assert that the schedule could be pushed back.

Despite the news, the sources also have said that no deal has been reached just yet and that Apple may ultimately decide to go with another manufacturer.


  Sources tell CNBC no agreement has yet been reached between the two companies. In addition, they stress that Apple may ultimately decide to partner with another automaker separately or in addition to working with Hyundai. One source familiar with Apple's strategy on developing...

Source: Apple and Hyundai-Kia close to finalizing deal on Apple Car
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