Multiple reports Friday morning indicate that Hyundai and Apple are in talks to develop electric cars. The Korea Economic Daily reports that Hyundai Motor Co. and Apple are in “early stages of talks” to partner on self-driving electric vehicles.
“Apple is in negotiations with multiple global automakers. Hyundai is one of them and we are in early stages of talks. Nothing has been decided”
Statement from Hyundai on January 8
In recent weeks, Reuters reported that Apple was pursuing self-driving car tech. Apple was targeting 2024 for the launch of its first EV.
No official comment from Apple yet.
Project Titan
AppleInsider has been reporting on Apple’s top-secret “Titan” EV project. Apple is thought to be working in a hidden facility.
Motor Trend famously explored what they thought the future Apple Car might look like.
EVs are the Future
China’s State Council projects that sales of electric, plug-in hybrid and hydrogen powered vehicles in China will rise to 20% of overall new car sales. Up from just 5% in 2020. China is the world’s largest auto market.
General Motors announced it’s investing $20 billion to launch 20 new electric vehicles by 2023. The GMC Hummer is first up to bat.