Apple’s automotive plan features a collaboration with Hyundai, according to a report published on Friday by the Korea Financial Day by day. It says that Apple and Hyundai are engaged on battery expertise that can differ from the sort used in the automaker’s new battery electric vehicle platform, which works into manufacturing later this 12 months. The report additionally claims that the Apple automotive will arrive in 2027 however presents no extra element concerning the collaboration or any attainable automobiles or applied sciences that might emerge in consequence.
Will they-won’t they rumors about an Apple automotive have been circulating since Apple created an inner group referred to as Venture Titan in 2014. Since Apple is notoriously tight-lipped, few particulars exist concerning the venture aside from reviews of staff being fired and plans being scaled back. However by late 2019 it is believed that 1,200 Apple staff were working on Project Titan, and in December 2020 Reuters reported that an Apple car could hit the street by 2025.
In the meantime, Hyundai Motor Group has quick emerged as one of many leaders of the pack for BEV engineering and is about to debut a brand new platform referred to as E-GMP that can underpin 23 totally different new fashions between now and 2025. Hyundai has opted for an 800V electrical structure for E-GMP which is able to permit it to cost to 80 % inside 18 minutes. Hyundai can also be working with the startup Canoo on BEVs.
A spokesperson for Hyundai confirmed to CNBC that Apple and Hyundai have been in talks:
“We perceive that Apple is in dialogue with a wide range of world automakers, together with Hyundai Motor. Because the dialogue is at its early stage, nothing has been determined,” a consultant from Hyundai Motor informed CNBC’s Chery Kang.