A lot is going on in the Apple world right now. In addition to a new-generation iPhone that could launch with zero ports, the Cupertino-based tech giant is also working day and night on its electric vehicle.
Called Apple Car and often referred to using its internal Project Titan codename, this vehicle could end up being based on Hyundai’s E-GMP EV platform, according to super-reliable Apple analyst Ming-Chi Kuo of TF Securities.
Hyundai has already confirmed it was discussing a possible EV partnership with Apple. Despite some executives expressing their concerns such a collaboration wouldn’t work because of the iPhone maker’s way of doing business, it looks like the talks are very close to reaching a conclusion.
Kuo says Hyundai Mobis could end up being in charge of component design and production, while its brand Kia will manufacture the Apple car at its American factory. This is the plan in the short term, though, as other carmakers could also join the Apple Car project. GM and PSA could end up manufacturing the vehicle too, the analyst suggests.
For the time being, however, there’s a lot of speculation on this front, and Kuo says despite all the rumors that have been making the headlines lately, we won’t see an Apple Car earlier than 2025. And the analyst claims this target is optimistic too, as Apple needs to plan every little step thoroughly given it’s a completely new industry.
However, Cupertino’s goal is very clear here, Kuo says. The Apple Car will land as a very high-end electric vehicle, and working together with other carmakers is the only way to go because they already have the know-how and resources for mass production.
That could change in the long term, though, as Apple could end up embracing an approach similar to other products in its lineup. The company has recently started building its own custom ARM chips for Macs, and it’s believed the goal would be similar in the automotive industry too. Obviously, it’ll take many years until Apple ends up being able to build its own cars.
Hyundai has already confirmed it was discussing a possible EV partnership with Apple. Despite some executives expressing their concerns such a collaboration wouldn’t work because of the iPhone maker’s way of doing business, it looks like the talks are very close to reaching a conclusion.
Kuo says Hyundai Mobis could end up being in charge of component design and production, while its brand Kia will manufacture the Apple car at its American factory. This is the plan in the short term, though, as other carmakers could also join the Apple Car project. GM and PSA could end up manufacturing the vehicle too, the analyst suggests.
For the time being, however, there’s a lot of speculation on this front, and Kuo says despite all the rumors that have been making the headlines lately, we won’t see an Apple Car earlier than 2025. And the analyst claims this target is optimistic too, as Apple needs to plan every little step thoroughly given it’s a completely new industry.
However, Cupertino’s goal is very clear here, Kuo says. The Apple Car will land as a very high-end electric vehicle, and working together with other carmakers is the only way to go because they already have the know-how and resources for mass production.
That could change in the long term, though, as Apple could end up embracing an approach similar to other products in its lineup. The company has recently started building its own custom ARM chips for Macs, and it’s believed the goal would be similar in the automotive industry too. Obviously, it’ll take many years until Apple ends up being able to build its own cars.