Apple and Hyundai will sign the Apple Car deal before March with production starting in 2024

Apple and Hyundai will reach a collaboration agreement for the next Apple Car in March, according to a new report shared by Reuters, citing Korea IT News.

Before being reviewed, the Korea IT News The report said companies can manufacture electric vehicles at a Georgia factory owned by Kia Motors, a subsidiary of the Hyundai Motor Group, or invest in a new facility in the United States that can produce up to 400,000 vehicles a year. The report also mentioned that a “beta version” of the “Apple Car” could be launched in 2022.

Reuters last month reported that production of “Apple Car” could begin around 2024, and that the deadline was echoed in today’s report. A production start in 2024 may be a bit ambitious, according to a report by Bloomberg last week he said the “Apple Car” is not “almost close to the production stage” and could be ready in five or seven years.

Rumors that Apple was in talks with Hyundai first surfaced last week‌, suggesting that Apple plans to work with the automaker to produce electric vehicles and develop batteries due to the high costs of technology and facilities. necessary production lations.

Hyundai initially confirmed their discussions on electric vehicles with Apple in a statement to CNBC, but the statement was revised hours later without mentioning Apple.