It was last week when we heard from one possible collaboration between Hyundai and Apple to develop the rumored Californian brand car. However, things did not seem to be moving forward. Now, new reports suggest that there will be a massive deal and there is important data.
According to reports from Korea IT News et al. The two companies plan to close a deal to develop autonomous vehicles. east The agreement is expected to take place in March 2021 with the idea of starting production of cars in the United States by 2024.
The report comes shortly after the first details of the matter became known last Friday. This caused Hyundai stock to skyrocket at up to 20% growth in the hours that followed. Hyundai dodged the rumors and rejected them.
According to the Korea IT News Report Production takes place in a Kia Motors plant (Hyundai subsidiary) in Georgia, USA. With the idea of having a production capacity of around 100,000 vehicles by 2024. The other option is to directly create a new factory built in collaboration between the two brands.
The (massive) project of an electric car
The arrival of an Apple car has been the subject of rumors for years and we will hear about it for years to come. It shouldn’t surprise anyone to build a car It’s not as simple as a cell phone or a computer. Even more so when it comes to being electric and autonomous, with all the technology and the risks that come with it, because these are not such developed areas.
While 2024 It may seem like a distant date for the production of the car, the truth is it It is very close. So much so in fact that it’s even suspicious for it to be so close, as other analysts and reports expect the car to arrive by the end of the decade. Despite all the uncertainties, it is only clear that something big is brewing in Cupertino.
Meanwhile others Big tech companies are gradually creating space in the vehicle market. Amazon with Zoox, Tesla as Tesla or Google with Waymo are proof of this.
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