“Kia, Apple car-related partner contact”… 3 trillion investment target of 100,000 units per year

WSJ reports from sources

[아시아경제 뉴욕=백종민 특파원] Reports have reported that Kia is contacting potential partners to assemble an Apple Car at a plant in Georgia, USA.

The Wall Street Journal (WSJ) on the 5th (local time) Quote the source, It is known that Hyundai Motor Company and Kia are in contact with potential production partners in advance in preparation for the possibility of the negotiations being concluded.

One official, who had been reported on the state of Georgia, told WSJ that “I’m listening to encouraging stories.”

Sources said that Kia and Apple’s proposal for self-driving electric vehicle cooperation includes a multi-billion dollar investment plan, but negotiations are not over.

According to WSJ, Hyundai Motor Company is discussing plans to start producing Apple cars from 2024 as early as 2024 by investing 3 billion dollars (about 3.4 trillion won) in negotiations with Apple. In the first year of production, up to 100,000 units can be assembled at Kia’s Georgia plant, a source said.

WSJ said that Apple is not only discussing electric car production with Hyundai and Kia. It is said that since the end of last year, Apple has started contacting with various suppliers regarding Apple cars. Some believe that Apple will not rely on only one supplier to enter a new field.

CNBC Broadcasting also reported on the 3rd that the negotiations between Apple and Hyundai-Kia Motors were nearing completion, but a final agreement has not yet been reached.

New York = correspondent Baek Jong-min [email protected]