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Apple may have finally found a partner to build the Apple Car

The Apple Car may be edging toward reality after a new report suggested the tech giant may have finally found a partner to help it make its electric vehicle.
Tags: Apple, News, Cars, Trends, Lg, Autonomous Cars, EVs, Electric Cars, Apple Car, Magna


Apple may have finally found a partner for the Apple Car

The Apple Car may be edging toward reality after a new report suggested the tech giant may have finally found a partner to help it make its electric vehicle.
Tags: Apple, News, Cars, Trends, Lg, Autonomous Cars, EVs, Electric Cars, Apple Car, Magna


Apple Car May Initially Be Made in Small Numbers by LG Magna e-Powertrain

Apple is "very near" to signing an agreement with LG and Magna to build its long-rumored electric vehicle, according to The Korea Times. LG Electronics has publicly undertaken a joint venture with the Canada-based automotive supplier Magna International, in a collaboration preliminarily titled "LG Magna e-Powertrain." LG Magna e-Powertrain is currently valued at $1 billion and will manufacture electric motors, inverters and onboard chargers, following approval from LG shareholders. LG has p...
Tags: Apple, Tesla, Canada, United States, Lg, Apple Car, Magna International, Magna, LG Group, LG Apple, General Motors Bolt EV, The Korea Times, Koreatimes.co.kr, LG Magna e Powertrain, The Korea Times LG Electronics, LG Magna e Powertrain LG Magna e Powertrain


Apple's stock price doesn't reflect the 12% upside offered by its growing autonomous-vehicle ambitions, UBS says

Apple CEO Tim Cook. Karl Mondon/Digital First Media/The Mercury News via Getty Images Apple's stock price doesn't reflect the 12% upside offered by its autonomous vehicle ambitions, UBS said. The tech giant has never formally confirmed its working on a car. However, recently filed patents hint at its ongoing plans to develop AV technology. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Apple's current stock price doesn't reflect the tech giant&...
Tags: Apple, Trends, Markets, Tim Cook, Ubs, Aapl, Apple Car, Voxel, David Vogt, Getty Images Apple, UBS Apple, Emily Graffeo, Apple Stock Price, Tim Cook Karl Mondon, AAPL stock, Opening Bell Apple


Tim Cook hinted that Apple was working on an autonomous electric car - but said many Apple projects 'never see the light of day'

Apple CEO Tim Cook. Karl Mondon/Digital First Media/The Mercury News via Getty Images Apple CEO Tim Cook has hinted that the tech giant is working on an autonomous electric car project. Apple has never confirmed reports that it is making an electric vehicle. "We'll see what Apple does," Cook told The New York Times - but noted many Apple projects never come to fruition. See more stories on Insider's business page. Apple CEO Tim Cook hinted on Monday that the tech giant was working ...
Tags: Apple, Transportation, Electric Vehicle, Cook, Trends, New York Times, Tim Cook, Xiaomi, The New York Times, Nissan, Huawei, Hyundai, Lei Jun, Reuters, Apple Car, Autonomous Vehicle


Apple boss Tim Cook takes on Apple Car questions in interview

In a podcast interview released this week, Apple boss Tim Cook was pressed about the company's work on a so-called Apple Car.
Tags: Apple, News, Cars, Trends, Tim Cook, Apple Car


Tim Cook drops hints about autonomous tech and the Apple car

Apple CEO Tim Cook dropped a few hints in an interview released Monday about the direction of the much-anticipated Apple car, including that autonomous vehicle technology will likely be a key feature. “The autonomy itself is a core technology, in my view,” Cook told Kara Swisher in an interview on the “Sway” podcast. “If you sort of step back, the car, in a lot of ways, is a robot. An autonomous car is a robot. And so there’s lots of things you can do with autonomy. And we’ll see what Apple does...
Tags: Apple, Transportation, Elon Musk, Cook, Tech, Tesla, Automotive, Electric Vehicles, Tim Cook, Autonomous Vehicles, Nissan, Hyundai, Kia, Cnbc, Elon, Apple Car


Apple could reportedly make the Apple Car without a big-name automaker as negotiations hit speed bumps

Karl Mondon/Digital First Media/The Mercury News via Getty Images Apple may not pursue a partnership with a big automotive company, Bloomberg reports. The company could use a contract manufacturer to assemble its cars, while sourcing its own parts. Foxconn and Magna International could be likely partners for an Apple Car, per Bloomberg. See more stories on Insider's business page. Apple is considering working with a contract manufacturer to find its own car pieces and assemble them, a...
Tags: Iphone, Apple, Transportation, News, Trends, Tech, Tesla, Bloomberg, Car, Ferrari, Bmw, Morgan Stanley, Hyundai, Electric Car, Foxconn, Mark Gurman


Apple Could Use Contract Manufacturers Like Foxconn or Magna for Apple Car Assembly

Amid rumors that Apple is working on an Apple-branded car that will come out in the next decade, Bloomberg's Mark Gurman has published an article about Apple's troubled search for an existing automaker partner to build the vehicle, and how the company's more traditional approach to launching new products could better work in its favor. Reports first surfaced in January suggesting that Apple was eyeing an existing car manufacturer to be its official partner for Apple Car. Several carmakers are...
Tags: Apple, Featured, Bloomberg, Cupertino, Nissan, Hyundai, Foxconn, Mark Gurman, Bloomberg.com, Apple Car, Samsung Electronics Co, Magna, Gurman, Gurman Apple, Tesla Inc, Eric Noble


BMW's CFO said he's not worried about the threat of Apple's rumored electric vehicle. 'I sleep very peacefully,' he said.

BMW CFO Nicolas Peter (left) and Apple CEO Tim Cook Christof Stache/AFP via Getty Images, Visual China Group via Getty Images BMW CFO Nicolas Peter told Bloomberg the automaker wasn't worried about Apple's rumored electric car. Apple reportedly plans to build a self-driving EV by 2024, but has made no public announcements. "I sleep very peacefully," Peter told Bloomberg. BMW sells the lowest-cost electric car in the US. Visit the Business section of Insider for more stories. BMW...
Tags: Apple, Transportation, Electric Vehicle, US, Trends, General Motors, Bloomberg, Tim Cook, Jaguar Land Rover, Bmw, Volkswagen, Nissan, Hyundai, Kia, Electric Car, Foxconn


BMW CFO on Apple Car: 'Competition is a Wonderful Thing'

Amid rumors that Apple is working on an Apple-branded car that will come out in the next decade, BMW Chief Financial Officer Nicolas Peter today told Bloomberg that he's not concerned about the threat of an Apple vehicle. "I sleep very peacefully," said Peter when Bloomberg asked for his opinion on Apple entering the car market. "Competition is a wonderful thing - it helps motivate the others." He went on to explain that BMW is in a "very strong position" and wants to "remain in a leading po...
Tags: Apple, Tesla, Bloomberg, Bmw, Peter, Apple Car, Hyundai Kia, Nicolas Peter, Oliver Zipse, Zipse Apple


Korean Report Says Kia Partnership With Apple Still Possible

Apple and Hyundai subsidiary Kia signed a memorandum of understanding last year, agreeing to pursue cooperation in eight sectors, including electric vehicles, according to a new report from South Korean news site Chosun Biz, cited by Reuters. Earlier this month, following weeks of rampant "Apple Car" rumors, Hyundai and Kia in regulatory filings said they are not in discussions with Apple to co-operate on development of a self-driving electric vehicle. This came just weeks after Hyundai relea...
Tags: Apple, Hyundai, Kia, Apple Car, Reuters Earlier, Chosun Biz


Apple Reportedly in Active Talks With Multiple LiDAR Sensor Suppliers for Self-Driving Vehicle

Apple is in discussions with multiple suppliers of LiDAR sensors appropriate for a self-driving vehicle, according to Bloomberg. The report claims that Apple is in discussions for next-generation LiDAR sensors that will still be considered "cutting edge" four to five years from now. From the report:The Cupertino, California-based technology giant is in active talks with a number of potential suppliers for these laser-based sensors that allow a car’s computer to “see” its surroundings, said t...
Tags: Apple, Bloomberg, Apple Car, Cupertino California


Apple Car Sensor Manager Departs Company for Space Startup Astra

Benjamin Lyon, who was heading up a sensor team working on the Apple Car, recently departed Apple to join space startup Astra as the company's chief engineer. Lyon shared the news in an interview with TechCrunch, where he said that he moved on to Astra because he was interested in Astra's vision as it works on small satellite deployment. "I think the Astra vision is this magical combination of fundamentally taking the rocket science out of space. How do you do that? Well, you better have a g...
Tags: Apple, Tesla, Bloomberg, Lyon, Apple Car, Astra, Bob Mansfield, Doug Field, Benjamin Lyon, Apple Lyon, John Giannandrea Prior


Apple reportedly approached Nissan about making an autonomous car together, but the talks collapsed after they clashed over branding

Apple CEO Tim Cook. MANDEL NGAN/AFP via Getty Images Nissan and Apple held brief talks on developing an autonomous car together, per The Financial Times. The talks stopped when Apple and Nissan disagreed over the electric vehicle's branding, sources said. South Korean firm Hyundai had previously confirmed, then denied, being in talks with Apple about the car. Visit the Business section of Insider for more stories. Apple approached Japanese carmaker Nissan about partnering on its autonomous...
Tags: Apple, Transportation, Trends, Bloomberg, Autonomous Vehicles, Nissan, Hyundai, Kia, Financial Times, Self-driving Car, Reuters, Apple Car, Gupta, Nissan Nissan, Tim Levin, Grace Dean


Apple Self-Driving Test Vehicles Doubled Mileage in 2020

The California DMV today released new disengagement and mileage reports for self-driving vehicles that are being tested in the state, giving us some insight into Apple's progression on its self-driving vehicle software. Over the course of 2020, vehicles equipped with Apple's self-driving technology traveled a total of 18,805 miles in California, up from the 7,544 miles traveled in 2019. There were a total of 130 disengagements, up from 64 last year, but that's not a surprise considering the i...
Tags: Apple, Featured, California, Apple Car


Build Apple Car in the UK, British Members of Parliament Urge

Members of Parliament (MPs) are calling for the British government to make a bid for Apple to build its long-rumored electric vehicle in the United Kingdom, according to The Telegraph. James Sunderland, Conservative MP for Bracknell, said that it was a "no brainer" for Britain to build the Apple car, and that the UK government should begin to bid for production contracts with Apple. Nick Fletcher, Conservative MP for Doncaster, added that Apple car production represented an opportunity for "e...
Tags: Apple, Elon Musk, UK, West Point, Berlin, Georgia, Britain, United Kingdom, Sunderland, Doncaster, Parliament, Hyundai, Kia, Tesla Gigafactory, Apple Car, North East of England


Korean Automakers Say Apple Deal Isn’t Happening

Over the weekend, Hyundai Motor Group addressed rumors that Kia had been in negotiations to build an electric vehicle for Apple. While the scuttlebutt seems to have been true, talks were indeed underway, the automaker confessed that they had ended without an agreement. It’s known that Apple has been hunting for potential partners after its EV […] The post Korean Automakers Say Apple Deal Isn’t Happening appeared first on The Truth About Cars.
Tags: Apple, Deals, Electric Vehicles, Korea, Autos, Rumors, EVs, Hyundai, Kia, Suppliers, Partnerships, Apple Car, Kia Motors, Hyundai Motor Group, News Blog


Kia and Hyundai tumble after companies say they're not partnering with Apple to develop an electric vehicle

Anushree Fadnavis/Reuters Shares of Hyundai and Kia fell 15% and 6%, respectively, after calling off EV talks with Apple.Wedbush says Wall Street would prefer Apple to partner with an established auto company to develop an EV. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Shares of Hyundai Motor Corporation and its affiliate Kia fell 15% and 6% in Asian markets, respectively, after both South Korean auto companies said talks with Apple to develop an electric vehi...
Tags: Apple, Electric Vehicle, Trends, Markets, Apple Stock, Hyundai, Kia, Goldman, Apple Car, Wedbush, Kia Motors, Volkswagen VW, Bloomberg Apple, Meb, Apple Wedbush, Emily Graffeo


Hyundai and Kia Now Say They Aren't in Discussions to Develop Apple Car

Following weeks of rampant Apple Car rumors, Hyundai and its subsidiary Kia today said they are not (or at least no longer) in discussions with Apple to co-operate on development of a self-driving electric vehicle, according to Bloomberg. Hyundai last month confirmed that Apple was in discussions with a variety of global automakers, including Hyundai. However, the automaker walked back the statement just hours later, and merely said that it had "received requests for potential cooperation fro...
Tags: Apple, Asia, Featured, Hyundai, Kia, Apple Car, Ming Chi Kuo, Dong A Ilbo, Georgia Apple, Bloomberg Hyundai, EVs Bloomberg


Hyundai, Kia say they are not in talks with Apple about EV

Hyundai and sister-company Kia say they are not in talks with Apple over a possible partnership to build an electric car, according to new regulatory filings.
Tags: Apple, News, Cars, Trends, Hyundai, Kia, Apple Car, Hyundai Kia


Apple talks with Hyundai and Kia about electric vehicle are reportedly ‘paused’

Apple has been in talks with Hyundai and Kia about potentially collaborating to produce an electric vehicle, but these talks are now reportedly paused.
Tags: Apple, News, Cars, Trends, Hyundai, Kia, Apple Car, Ev, Breaking Twitter


Apple Car Latest: Kia Talks With Potential Partners About Vehicle Assembly in Georgia, While Apple Seeks Supply Deals With Japanese Automakers

Apple Car rumors continued to surface on Friday, with reports that Hyundai Group affiliate Kia has approached potential partners about a plan to assemble Apple's autonomous electric vehicle at its West Point plant in the U.S. state of Georgia (via The Wall Street Journal). Kia Corp. has approached potential partners about a plan to assemble Apple Inc.'s long-awaited electric car in Georgia, according to people familiar with the matter. The proposal would involve a multibillion-dollar investment...
Tags: Apple, Asia, West Point, Georgia, Bloomberg, Nissan, Mitsubishi, Hyundai, Kia, Apple Inc, Apple Car, Mazda, Bloomberg Intelligence, Hyundai Group, Ming Chu Kuo, Wall Street Journal Kia Corp


Apple Pauses Electric Car Talks With Hyundai and Kia

Multiple rumors over the course of the last week have suggested that Apple has been discussing Apple car manufacturing with Hyundai and Hyundai affiliate Kia, but those talks have paused recently, reports Bloomberg. Apple has also been discussing its Apple Car plans with other automobile manufacturers, so despite rumors suggesting Apple is considering a deal with Hyundai/Kia, Apple could establish an agreement with another company. Nikkei earlier today said that Apple was speaking with at lea...
Tags: Apple, Featured, Nikkei, Bloomberg, Hyundai, Kia, Cnbc, Bloomberg.com, Apple Car, Hyundai Motor, Bloomberg Apple, Apple Hyundai, Apple Pauses Electric, Hyundai Kia Apple, Kia Apple, Georgia Apple


Apple Car will be fully autonomous with no driver input, insiders claim

Apple's highly anticipated electric vehicle will be fully autonomous, with the first model likely aimed at delivery and robotaxi services, a new report claims.
Tags: Apple, News, Cars, Trends, Autonomous Vehicles, Self-driving Cars, Autonomous Cars, Apple Car


Apple is reportedly nearing a deal to build its autonomous electric car with Hyundai

Apple is near closing a manufacturing deal with Hyundai Motor Group, CNBC reported. Karl Mondon/Digital First Media/The Mercury News via Getty Images Apple and Hyundai are nearing a deal to build an electric car together, CNBC reported Wednesday.  The Apple-branded car would be built at Kia's plant in Georgia, the outlet reported.  Sources told CNBC that the deal isn't done, and Apple may partner with another automaker.  Visit the Business section of Insider for more stories. Apple is near...
Tags: Apple, Transportation, News, Trends, Georgia, Tesla, Auto Industry, North America, Hyundai, Kia, Cnbc, Reuters, Apple Car, Hyundai Motor Group, Tech Insider, Project Titan


First Apple Car to Be Fully Autonomous and Designed to Operate Without a Driver

The first Apple Car that's released will not be designed to operate with a driver, according to a report from CNBC that cites multiple unnamed sources with knowledge of Apple's plans. "These will be autonomous, electric vehicles designed to operate without a driver and focused on the last mile," said one of the people. CNBC speculates that the initial Apple Cars could be designed for food delivery operations and firms that incorporate robotaxis. Self-driving robotaxis are available in China, ...
Tags: Apple, Featured, China, Bloomberg, United States, Hyundai, Kia, Cnbc, Apple Car, Hyundai Kia, West Point Georgia, Waymo, Apple CNBC, Cnbc.com, North America Hyundai Kia, Ming Chu Kuo


Apple Rumored to Invest Billions Into Kia Motors

While partnering with other industries is essential for the automotive sector, the last few years has shown most nameplates cozying up with the dominant tech firms at a breakneck pace. Just this week, we learned that Ford will be equipping future models with the Android operating system (courtesy of Google) and it wasn’t long before […] The post Apple Rumored to Invest Billions Into Kia Motors appeared first on The Truth About Cars.
Tags: Apple, Google, Deals, Ford, Electric Vehicles, Korea, Autos, EVs, Hyundai, Kia, Partnerships, Apple Car, Kia Motors, News Blog


Apple to Invest $3.6 Billion in Kia Motors for Apple Car Production

Apple is rumored to be planning to invest 4 trillion won ($3.6 billion) in Kia Motors as part of a planned manufacturing partnership between the two companies, according to Korean site DongA Ilbo (via Bloomberg). Apple and Kia (an affiliate of Hyundai) are said to be establishing a production relationship that will see Kia build Apple Cars at its U.S. facility located in Georgia. Apple could sign a deal with Kia as soon as February 17, with the aim of introducing Apple Cars in 2024, though t...
Tags: Apple, Georgia, Hyundai, Kia, Apple Car, Kia Motors, GMP, Ming Chi Kuo, Kuo, Bloomberg Apple, Apple Cars, Donga Ilbo, Korea IT News


Apple Hires Former Porsche Chassis Vice President for Apple Car Project

Apple has been picking up car experts on an ongoing basis over the course of the last few years as development continues on the rumored Apple Car, and at the end of last year, the Cupertino company hired Manfred Harrer, a Porsche executive with expertise in chassis design. According to Business Insider Deutschland (via 9to5Mac), Harrer was considered one of the best engineers in the Volkswagen Group, serving as the head of chassis development at Porsche prior to overseeing the Cayenne product...
Tags: Apple, Porsche, Bmw, Volkswagen, Cupertino, Hyundai, Apple Car, Volkswagen Group, Ming Chi Kuo, Harrer, Manfred Harrer, Porsche Harrer, Audi Current, GMP Battery Electric Platform