Apple Negotiating with Hyundai for Apple Car Production [Updated x2]

[MacRumors]

Apple is planning to work with Hyundai on the upcoming Apple Car, according to a report from Korean site Korea Economic Daily.

The report suggests that Apple is in negotiations with Hyundai Motor Group to manufacture an Apple Car. Apple is said to be planning to work with Hyundai to produce electric vehicles and develop batteries due to the "enormous costs" of the technology and the necessary production facilities.

Multiple prior rumors have suggested that Apple will work with a manufacturing partner to produce the Apple Car, but until now, there hasn't been word on which manufacturer Apple might team up with. Since the report mentions "negotiations," a deal may not be established as of yet, so Apple's plans could change.

An Apple Car report earlier today from Bloomberg said that work on the project is still in the early stages and "nowhere near production stage," nor was there a mention of Hyundai. According to Bloomberg, it will be at least five to seven years before an Apple Car is ready to launch.

Update: In a statement to CNBC, Hyundai confirmed that it is in discussions with Apple. "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."

Update 2: Bloomberg reports that Hyundai again revised its statement, removing the reference to other automakers. A few hours after that, it issued another revision that omits Apple completely: "We've been receiving requests for potential cooperation from various companies regarding development of autonomous EVs," reads the latest version. "No decisions have been made as discussions are in early stage."

Article Link: Apple Negotiating with Hyundai for Apple Car Production [Updated x2]

 

[farewelwilliams]

should just ask Tesla. add some $1bil-$2bil investment to fix the overblown QC issues by implementing a lights out manufacturing method.

 

[Asarien]

lul. No one's paying Apple's premium markup for a rebranded Hyundai. foh.

 

[kcslc]

lul. No one's paying Apple's premium markup for a rebranded Hyundai. foh.

I read the headline and just thought, “lol”.

 

[displaced]

Not a bad shout. Hyundai/Kia have a very good electric powertrain.

 

[TheYayAreaLiving 🎗️]

Why not Ferrari..

 

[Apple_Robert]

lul. No one's paying Apple's premium markup for a rebranded Hyundai. foh.

I think people would especially if doing so helps make the car more affordable to the unwashed masses outside MR.

 

[Apple_Robert]

Why not Ferrari????

Usually when you joke, you use a or Otherwise, people think you are serious.

 

[ouimetnick]

lul. No one's paying Apple's premium markup for a rebranded Hyundai. foh.

That’s what you think. I’m sure those who rushed out to buy those $550 AirPods Max will also be reserving/preordering an Apple Car regardless of who produces it.

 

[Boatboy24]

I heard it was Chrysler.

 

[Apple_Robert]

That’s what you think. I’m sure those who rushed out to buy those $550 AirPods Max will also be reserving/preordering an Apple Car regardless of who produces it.

Without a doubt that is going to happen. Many people here will buy for the status of being in the first group of buyers to own an Apple car.

 

[macrumors3000]

Hyundai-Kia has factories in Alabama and Georgia with further expansion planned.

 

[ELman]

I like my Kia Telluride.

 

[jz0309]

Really... half a decade out... geez, Apple car made in Korea...

 

[newyorksole]

Apple using Hyundai’s factories is like them using any other factory for their products. Idk why people are skeptical.

 

[tongxinshe]

This piece of news is really suspicious.

 

[Neepman]

If so, its a smart move. They make good cars.

 

[Apple_Robert]

I think Ford should work with Apple and release a 69 fastback Mustang Apple Car.

 

[jimbobb24]

Got to hand it to Hyundai. SK continues to be a very innovative and technologically aggressive country. Hyundai has continually improved their cars and gone from a low tier brand to high quality. My guess is they will soon release a high tier brand like Lexus or Infinity. It will be that high end that Apple will use.

 

[Icehart]

Apple is probably borrowing Hyundai's manufacturing expertise for Apple Car. Well if you're concerned about quality there's always AppleCare+ which covers incidentals and manufacturing defects lol

 

[Mac Fly (film)]

lul. No one's paying Apple's premium markup for a rebranded Hyundai. foh.

Well, they were going to partner with Tesla until the roofs started flying off 😜

 

[JPack]

I'd be surprised if Apple weren't negotiating with every major car maker in the world.

You're not going to get the lowest prices by talking with only one maker.

 

[Ozid]

I had a Genesis and now a Palisade as my last two daily driver vehicles and they have been extremely high quality and above and beyond my expectations in both cases. Hyundai is a great partner for Apple, from my perspective.

This comes at the misfortune of American manufactures, that might not admit it, but would definitely jump at this opportunity.

 

[Moonjumper]

Got to hand it to Hyundai. SK continues to be a very innovative and technologically aggressive country. Hyundai has continually improved their cars and gone from a low tier brand to high quality. My guess is they will soon release a high tier brand like Lexus or Infinity. It will be that high end that Apple will use.

Hyundai already has a luxury brand: Genesis.

 

[Michael Scrip]

I heard it was Chrysler.

I heard FCA is complete trash nowadays...