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- A source familiar with Apple’s plans says the first Apple Car will be completely autonomous and could be used for delivery services and robotaxis.
- “The first Apple Cars will not be designed to have a driver,” a source told CNBC.
- The report also reiterates an earlier rumor that Apple is negotiating with Hyundai-Kia a deal that would allow it to mass-produce the Apple Car in the US and have full control over the hardware and software.
A report from Korea said earlier this week that Apple is about to ink a deal with Hyundai-Kia worth $3.6 billion. The contract could be signed in the coming days, and Kia would use the investment to build a dedicated assembly line for the Apple Car, which could mass-produce anywhere from 100,000 to 400,000 units of self-driving electric cars per year. The report sent the Kia stock surging, after a similar rumor a few weeks ago had the same effect on Hyundai shares — the Korean giant first confirmed, then walked back its Apple partnership comments at the time.
A new report from the US now claims that the Apple deal with Hyundai-Kia is very much on the table, with both sides looking favorably at the association. While nothing is finalized, the new story delivers a few unexpected details about the first-gen Apple Car. The vehicle should be completely autonomous, and it might not target regular buyers initially.
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The first Apple Car will not need a driver originally appeared on BGR.com on Thu, 4 Feb 2021 at 06:50:53 EDT. Please see our terms for use of feeds.
Via BRG - Boy Genius Report