SEOUL: Hyundai Motor and Apple Inc system to indicator a partnership deal on autonomous electric powered autos by March and begin manufacturing as early as 2024 in the United States, area newspaper Korea IT News reported on Sunday.
The report follows a assertion on Friday from Hyundai Motor that it was in early talks with Apple immediately after one more area media outlet said the companies had been aiming to launch a self-driving electric powered auto in 2027, sending Hyundai shares up almost twenty%.
Citing field sources, the hottest report said the pair system to create the autos at Kia Motors’ factory in Ga, or jointly spend in a new factory in the United States, with a system to create one hundred,000 motor vehicles in 2024 at the proposed plant with an yearly capacity of 400,000 motor vehicles. Kia Motors is an affiliate of Hyundai Motors.
The report said Hyundai and Apple system to release a “beta model” of Apple autos upcoming 12 months.
Each Hyundai Motor and Apple did not have any speedy comment.
Reuters reported previous month that Apple was moving forward with autonomous auto technology and was aiming to create a passenger auto that could include its own breakthrough battery technology as early as 2024.