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upstart writes in with an IRC submission for c0lo:

Apple Reportedly Teams With Kia to Produce Apple Car:

Apple is investing about $3.6 billion in a car partnership with Kia Motors, according to a report out of South Korea.

[...] Apple will set up production with Kia and build Apple cars at the company's facility in Georgia, Korean newspaper DongA Ilbo reported, though the report did not cite sources for the information, Bloomberg reported.

The newspaper also said that the two companies could sign a deal on Feb. 17 and are planning to introduce Apple cars in 2024, with an initial target to produce 100,000 vehicles a year.

Last month, South Korean automaker Hyundai, an affiliate of Kia's, announced it was in preliminary talks with Apple on developing a self-driving car, before quickly backing away from the statement and saying it has received requests from a number of technology suitors to develop autonomous electric vehicles.

Original Submission

1. "upstart" - https://soylentnews.org/~upstart/
2. "Apple Reportedly Teams With Kia to Produce Apple Car" - https://www.thestreet.com/investing/apple-teaming-up-with-kia-on-apple-car
3. "backing away from the statement" - https://www.thestreet.com/video/hyundai-stuns-with-apple-car-deal-reveal-then-hits-the-brakes
4. "Original Submission" - https://soylentnews.org/submit.pl?op=viewsub&subid=47195

printed from SoylentNews, Apple Reportedly Teams With Kia to Produce Apple Car on 2023-05-26 16:50:24