15.1 C

Apple Car Team goes South Korea to discuss “iCar” Development with its Korean partners

Rumors about the Apple Car have slowed down over recent weeks, except for the company expanding its California self-driving test fleet. Now, according to the Korea Times, Apple is seeing developments in its car talks with Korean partners.

The company is said to be in talks with Korean EV companies as part of a strategy to outsource manufacturing of first-party electric vehicles, The Korea Times reported Monday. A source said that Korean manufacturers of EV batteries and other components could benefit from Apple’s strategy.

“As seen in Apple’s smartphone business, the company is seeking business partners in Korea for its EV business,” a source told the publication. “Without partnerships with Korean vendors, Apple won’t be able to complete its EV business plan. As far as I know, Apple has talked with LG, SK and Hanwha, but the talks are still in the early stages.” source added.

According to the report, Apple has had “advanced meetings” with SK Innovation, a subsidiary of SK Group specializing in EV batteries. The Cupertino company has also met with LG Electronics and auto parts manufacturer Magna International, which both have established a joint venture dubbed LG Magna e-Powertrain.

Apple is said to be considering a lithium iron phosphate (LFP) battery instead of a lithium-ion battery because the former technology is less likely to overheat and carries safety benefits. Currently, no Korean makers produce LFP batteries, however. Because of that, industry sources expect Apple to go with a Chinese manufacturer for the technology.

On the other hand, The Korea Times suggests that the trade dustup between Apple and China could help make the U.S. a key region for manufacturing lines. The publication says that LG Energy Solution and SK Innovation have already established or are in the process of building out battery plants in the U.S., while Samsung says it is considering it.

As for now, it’s still unclear what Apple plans to create with its Apple Car project, whether it’s a car for retail sales, a ride-sharing car, or even just a technology for other vehicles. Its launch is also unclear, with reports saying it could be unveiled any time in this decade.

Also Read:


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Astitva Patle
Astitva Patle
Content writer with have a experience of more than 1 and a half year in this field. If you like my content and wanna give me opportunity then please contact at [email protected]



Related Stories

More from author

iQOO 9 series could come in India in Q1 2021 with Snapdragon 8 Gen 1

iQOO the Vivo’s sub-brand has unveiled the iQOO 8 and iQOO 8 Pro smartphones in China in the month of August this year. Both...

Apple Music 2021 Top Charts are here: Check all the highlights

Apple Music Top 100 charts 2021 list is in front of us. BTS's Dynamite band from South Korea is the most-streamed song in 2021...

Samsung dominates the Global Foldable smartphone market with 93% Share

The global foldable phone market seems to have reached new heights in Q3 2021, at the same time when Samsung unveiled the Galaxy Z Fold...

Xiaomi 12 will be the first smartphone powered by Snapdragon 8 Gen 1

Xiaomi is working on its new flagship device and it can be anticipated to launch in December during a launch event. The Xiaomi 12 and Xiaomi 12X flagship handsets will be launched in China first and also it'll make its debut in other requests. In a recent tweet,...