Apple, Hyundai In Talks To Release “Beta Version” Of Apple Cars In 2022
South Korean automaker Hyundai said on Friday (Jan.8) that it was at the start of talks to discuss an electric car-battery link with tech giant Apple.
The report also states that the two companies plan to release a “beta” of Apple cars next year.
“Apple and Hyundai are in discussion, but as it is at the beginning, nothing has been decided,” Hyundai said in a statement.
Apple and Hyundai are currently working together on CarPlay, Apple’s software for connecting iPhones to a variety of vehicles.
Analysts have speculated that Apple may be interested in using Hyundai’s electric car platform and facilities to reduce vehicle development and manufacturing costs.
Hyundai is South Korea’s largest automaker and has already rolled out fully electric cars, including the Ioniq and Kona Electric.
After the announcement, Hyundai shares jumped 19.4% in Seoul.
Apple Titan Project
It’s no secret that Apple plans to build a viable and competitive autonomous electric vehicle as part of “Project Titan”.
Apple started working on it in 2014, and the project was led by many Apple veterans.
However, progress has been delayed due to internal issues. In 2016, rumors even suggested that Apple had put aside all plans to develop its own electric car.
The New York Times previously reported that the project was “hampered by its size and the lack of a clearly defined vision of what Apple wanted in a vehicle.”
However, now it looks like Apple is on the right track again, and Reuters reported that Apple aims to produce a passenger vehicle that could include its own breakthrough battery technology as early as 2024.
Apple has not commented on its tie-up with Hyundai.
The growing popularity of electric cars
Electric cars are increasingly popular around the world, as well as in Singapore.
Last October, Hyundai announced plans to set up an electric car manufacturing plant here.
“This is an investment of almost S $ 400 million and could produce up to 30,000 vehicles per year by 2025, in five years,” Prime Minister Lee Hsien Loong said at his ceremony Virtual.
Some models that can be made in Singapore include the Ioniq 3 and Ioniq 5. These cars will be sold locally, with export plans at a later stage.
The smart manufacturing plant will serve as an open innovation lab for Hyundai’s research and development in mobility concepts.
Tesla, the main player in the electric car industry, also said it plans to enter the Singapore market soon.
He also revealed that the location of his first charging station in Singapore will be at the Singapore Island Country Club (SICC) at Sime Road. This is reflected in its recent map update of its worldwide charging network.
Although there are no official Tesla showrooms in Singapore yet, many car dealers in Singapore have imported them for sale in the country.
Thus, Singaporeans can expect to see more electric cars on our roads in the years to come.
Featured Image Credit: USA Today / Green Car Reports
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