Apple is partnering with Hyundai Motor Group to launch an autonomous electric vehicle, the so-called Apple car.As a result of the Korea Economic Daily TV interview on the 8th, it was confirmed that Apple is proposing cooperation and negotiating with Hyundai Motor Group to launch an Apple car. It is said that the review has already been completed inside the Hyundai Motor Group, and only the home of Chairman Eui-sun Eui-sun remains.Apple is collaborating with Hyundai Motor Group not only to produce electric vehicles but also to develop batteries, the core of Apple cars.
Apple and Hyundai Motor Group are expected to promote battery development at one of Hyundai Motor’s or Kia Motors’ US factories.The Apple Car launch is set to be in 2027 .It is known that the Apple car will be equipped with its own battery technology, but it will also be developed with the Hyundai Motor Group. This is because it requires enormous costs such as technology and production facilities to produce batteries themselves. Hyundai Motor Company also announced at last year’s’CEO Investor Day’ that it will develop its own battery. Apple’s battery type, technology, and future mass production plans have not yet been communicated. According to Reuters reports, Apple Car’s batteries will be designed to significantly lower costs and increase mileage.
If the cooperation between Apple and Hyundai Motor Group, which is considered Tesla’s potential competitors, is finally successful, it is expected that Hyundai Motor Group will quickly become the leader in the electric car market in terms of both productivity and technology.