Disclaimer: We may earn a commission if you make any purchase by clicking our links. Please see our detailed guide here.

Follow us on:

Google News

Hyundai and Apple May Produce Self-driving Electric Car

Join the Opinion Leaders Network

Join the Techgenyz Opinion Leaders Network today and become part of a vibrant community of change-makers. Together, we can create a brighter future by shaping opinions, driving conversations, and transforming ideas into reality.

There was much anticipation about the so-called ‘Apple Car’ for quite a while. Finally, a Korea Economic Daily interview on the 8th of January confirmed that Apple is in the process of negotiating and proposing possible cooperation with the Hyundai Motor Group to launch an Apple car.

Previously, Reuters also reported that Apple has been working on self-driving car technology and introducing an electric passenger vehicle with its own battery technology for power by the year 2024.

The recent Korean media now confirmed that Apple and Hyundai will wind up the production of the vehicles together and develop self-driving electric vehicles by 2027.

According to the reports, the talks about collaboration took place inside the Hyundai Motor Group, where it was decided that both of the companies will join hands not only for the production of the cars but also promote battery development at one of Hyundai Motor’s or Kia Motors’ US factories.

Confirming the news, Hyundai stated that, “We understand that Apple is in discussion with a variety of global automakers, including Hyundai Motor.

As the discussion is at its early stage, nothing has been decided”. However, there was no announcement from Apple’s side.

What will the collaboration bring?

Apparently, Apple and Hyundai have already worked on Apple’s software CarPlay, which connects iPhones to vehicles from various automakers.

If this collaboration also sees the light of the day, it could become a serious competitor to Tesla, which currently controls the market of the electric vehicle.

Apple could also cut costs to develop and make vehicles with the help of its collaboration with Hyundai. Furthermore, this will also ensure quality vehicles, the Korean automobile company known for.

As for Hyundai, this collaboration has already benefited the company, sending Hyundai shares surging 25%. The recent pandemic already hit the company sales down to more than 15%.

However, this collaboration may create new hope for the company and secure its way towards the self-driving electric car market.


Partner With Us

Digital advertising offers a way for your business to reach out and make much-needed connections with your audience in a meaningful way. Advertising on Techgenyz will help you build brand awareness, increase website traffic, generate qualified leads, and grow your business.

Power Your Business

Solutions you need to super charge your business and drive growth

More from this topic