Kia Will Manufacture Apple Cars in the USA
Kia has begun preparations, Kia will manufacture Apple electric cars in the US state of Georgia.
Kia will manufacture the
Apple cars in the USA. Kia Motors has rolled up its sleeves to produce Apple's electric vehicles in the US state of Georgia if the deal is reached.
According to information in the Dow Jones corporate news feed,
Kia is looking for a possible partner to manufacture Apple's electric car in the state of Georgia.
While sources point out that the deal has not been finalized yet, it is believed that the offer will bring billions of dollars in investment. If the agreement is reached, Apple, which produces products such as smartphones, computers and watches, will begin to show its power in the automotive industry as a result of years of secret work.
There is no information about the probability of the deal being realized yet. Kia's parent company Hyundai announced that they were meeting with Apple last month, but Apple did not confirm this statement.
Following the news that Apple will invest 4 trillion won ($ 3.5 billion) in Kia Motors to establish an automobile manufacturing and development facility, Kia Motors' shares increased by 14.5 percent.
According to the report compiled by DongA Ilbo, iPhone manufacturer Apple will start a manufacturing partnership with Kia to produce its own electric vehicles at Kia's manufacturing facility in Georgia.
In the same news, while the two companies are expected to sign the agreement on February 17, it is aimed to launch the car in 2024 and produce 100,000 vehicles annually.
Since the news about Apple's plans to produce electric cars, it is a matter of curiosity who will be the production partner. According to Bloomberg News, the iPhone manufacturer's car production plan is at an early stage, and it may take 5 years before the company can produce an autonomous electric car.