{"id":4140,"date":"2021-02-06T15:11:06","date_gmt":"2021-02-06T21:11:06","guid":{"rendered":"https:\/\/evglobe.com\/?p=4140"},"modified":"2021-02-06T15:13:38","modified_gmt":"2021-02-06T21:13:38","slug":"apple-pauses-electric-car-talks-hyundai-kia","status":"publish","type":"post","link":"https:\/\/evglobe.com\/2021\/02\/06\/apple-pauses-electric-car-talks-hyundai-kia\/","title":{"rendered":"Has Apple interrupted talks with Kia, Hyundai about developing an EV?"},"content":{"rendered":"<p>Unless you\u2019ve been living under a rock for the past couple of weeks, the long-rumored <a href=\"https:\/\/evglobe.com\/2021\/02\/03\/apple-investment-kia-electric-vehicle-2024\/\">Apple Car<\/a> is once again making the headlines. The latest intel suggests the iPhone maker has had talks with Hyundai and Kia to jointly work on a fully electric vehicle, but now we\u2019re hearing these discussions have been interrupted all of the sudden.<\/p>\n<p>According to <em><a href=\"https:\/\/europe.autonews.com\/automakers\/apple-pauses-ev-talks-hyundai-kia-report-says\" target=\"_blank\" rel=\"noopener noreferrer\">Automotive News Europe<\/a><\/em>, Apple is not exactly thrilled with reports appearing in the media about the potential EV. That makes sense considering the Cupertino-based company is known to maintain its development projects top secret, and it goes without saying the tech giant wants to keep its first car on the hush-hush.<\/p>\n<p>The report doesn\u2019t say whether there are plans to restart discussions, especially since the problems extend beyond Apple being upset with insider details leaking onto the Internet. <em>Automotive News Europe<\/em> cites \u201cpeople familiar with the situation\u201d claiming the Hyundai Group hasn\u2019t decided whether the main brand Hyundai or the smaller Kia marque should build the much-hyped Apple Car.<\/p>\n<p>It is believed Kia is in pole position to manufacturer the EV, which is rumored to offer an advanced autonomous driving system. Some say the Apple Car would be built in North America, specifically at Kia\u2019s plant in Georgia where the Sorento, Telluride, and K5 are currently assembled. Local reports from South Korea have suggested Apple could invest as much as the equivalent of $3.6 billion in Kia to make the Apple Car a reality.<\/p>\n<p>Even if Apple and Hyundai\/Kia will reach an agreement, it will take at least 3-4 years until the production car is going to be launched. The E-GMP platform debuting this year with the <a href=\"https:\/\/evglobe.com\/2021\/02\/05\/hyundai-ioniq-5-february-16-debut\/\">Ioniq 5<\/a> could serve as a foundation for the Apple Car, which could be produced in around 100,000 examples by the middle of the decade.<\/p>\n<p>As previously reported, Kia\u2019s shares jumped by as much as 14.5 percent shortly after Korean news site <em>Dong-A Ilbo<\/em> wrote about Apple\u2019s possible investment. The automaker\u2019s shares reached the highest level since 1997, even though neither Kia nor Apple officially confirmed the tie-up.<\/p>\n<p><em>Source: <a href=\"https:\/\/europe.autonews.com\/automakers\/apple-pauses-ev-talks-hyundai-kia-report-says\" target=\"_blank\" rel=\"noopener noreferrer\">Automotive News Europe<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Unless you\u2019ve been living under a rock for the past couple of weeks, the long-rumored Apple Car is once again making the headlines. The latest intel suggests the iPhone maker has had talks with Hyundai and Kia to jointly work on a fully electric vehicle, but now we\u2019re hearing these discussions have been interrupted all [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":724,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[3],"tags":[248],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Has Apple interrupted talks with Kia, Hyundai about developing an EV?<\/title>\n<meta name=\"description\" content=\"Automotive News Europe claims Apple has temporarily interrupted discussions with Kia and Hyundai about jointly working on an electric car.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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