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

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

Apple and Hyundai feature
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."

Related Roundup: Apple Car

Top Rated Comments

Asarien Avatar
42 months ago
lul. No one's paying Apple's premium markup for a rebranded Hyundai. foh.
Score: 36 Votes (Like | Disagree)
Apple_Robert Avatar
42 months ago

Why not Ferrari????
Usually when you joke, you use a ;) or :P Otherwise, people think you are serious.
Score: 20 Votes (Like | Disagree)
newyorksole Avatar
42 months ago
Apple using Hyundai’s factories is like them using any other factory for their products. Idk why people are skeptical.
Score: 18 Votes (Like | Disagree)
Moonjumper Avatar
42 months ago

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.
Score: 15 Votes (Like | Disagree)
ouimetnick Avatar
42 months ago

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.
Score: 15 Votes (Like | Disagree)
JPack Avatar
42 months ago
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.
Score: 14 Votes (Like | Disagree)

Popular Stories

reset password request iphone

Warning: Apple Users Targeted in Phishing Attack Involving Rapid Password Reset Requests

Tuesday March 26, 2024 4:34 pm PDT by
Phishing attacks taking advantage of Apple's password reset feature have become increasingly common, according to a report from KrebsOnSecurity. Multiple Apple users have been targeted in an attack that bombards them with an endless stream of notifications or multi-factor authentication (MFA) messages in an attempt to cause panic so they'll respond favorably to social engineering. An...
Generic iOS 18 Feature Purple

iOS 18: What to Expect From 'Biggest' Update in iPhone's History

Wednesday March 27, 2024 11:10 am PDT by
At least some Apple software engineers continue to believe that iOS 18 will be the "biggest" update in the iPhone's history, according to Bloomberg's Mark Gurman. Below, we recap rumored features and changes for the iPhone. "The iOS 18 update is expected to be the most ambitious overhaul of the iPhone's software in its history, according to people working on the upgrade," wrote Gurman, in a r...
maxresdefault

Apple to Launch New iPad Pro and iPad Air Models in May

Thursday March 28, 2024 11:07 am PDT by
Apple will introduce new iPad Pro and iPad Air models in early May, according to Bloomberg's Mark Gurman. Gurman previously suggested the new iPads would come out in March, and then April, but the timeline has been pushed back once again. Subscribe to the MacRumors YouTube channel for more videos. Apple is working on updates to both the iPad Pro and iPad Air models. The iPad Pro models will...
maxresdefault

Apple Announces WWDC 2024 Event for June 10 to 14

Tuesday March 26, 2024 10:02 am PDT by
Apple today announced that its 35th annual Worldwide Developers Conference is set to take place from Monday, June 10 to Friday, June 14. As with WWDC events since 2020, WWDC 2024 will be an online event that is open to all developers at no cost. Subscribe to the MacRumors YouTube channel for more videos. WWDC 2024 will include online sessions and labs so that developers can learn about new...
apple maps 3d feature

Apple Maps May Gain Custom Routes With iOS 18

Tuesday March 26, 2024 3:10 pm PDT by
Apple may be planning to add support for "custom routes" in Apple Maps in iOS 18, according to code reviewed by MacRumors. Apple Maps does not currently offer a way to input self-selected routes, with Maps users limited to Apple's pre-selected options, but that may change in iOS 18. Apple has pushed an iOS 18 file to its maps backend labeled "CustomRouteCreation." While not much is revealed...
General iOS 17 Feature Orange Purple

Apple Releases Revised Versions of iOS 17.4.1 and iPadOS 17.4.1 With Updated Build Number

Wednesday March 27, 2024 5:59 am PDT by
Apple on late Tuesday released revised versions of iOS 17.4.1 and iPadOS 17.4.1 with an updated build number of 21E237, according to MacRumors contributor Aaron Perris. The updates previously had a build number of 21E236. The revised updates are available for all iPhone and iPad models that are compatible with iOS 17 and iPadOS 17, but they can only be installed via the Finder app on macOS...
applephilschiller

Apple's Phil Schiller Works 80 Hours a Week Overseeing App Store

Wednesday March 27, 2024 2:03 pm PDT by
With the App Store and app ecosystem undergoing major changes in the European Union, The Wall Street Journal today shared a profile on App Store chief Phil Schiller, who is responsible for the App Store. Though Schiller transitioned from marketing chief to "Apple Fellow" in 2020 to take a step back from Apple and spend more time on personal projects and friends, he is reportedly working...