Sci-tech

Apple's Electric Car Expected 2025 With 18-Minute Fast Charge

Apple's Electric Car Expected 2025 With 18-Minute Fast Charge”

Now, as per a report from Korea's DongA.Com, Apple is in talks to invest a KRW 4 trillion (~ $3.6 billion) in Hyundai's Kia subsidiary.

A report on Wednesday claims Apple's first foray into the automotive industry will be a fully autonomous vehicle created to operate without a human driver, suggesting it might not be marketed as a consumer product.

Although the recent hiring by Apple on its automobile project seems to bring some level of credence to rumours but according to some analysts and reports, the end product is still years away. It says the new EVs will be made at a KIA plant in the United States, with the deal to be signed on February 17. Overall, Apple is said to have planned an initial run of 400,000 units for its first electric auto.

Additionally, Hyundai Glovis - which provides auto distribution as well as a wide range of logistics services - will reportedly play a key role once the Apple vehicle hits the market.

More news: Osaka, Barty and Kyrgios make winning start in Oz Open tune-ups

According to CNBC's sources, Apple has made a decision to pursue a partnership with Hyundai-Kia because the deal gives Apple access to an established automaker with the capability to produce vehicles in North America.

The companies have not yet finalised a deal and Apple might also decide to tie-up with another automaker either separately or with Hyundai, the report said.

A representative for the carmaker in Seoul and an Apple representative in California declined to comment.

E-GMP is Hyundai's first dedicated Battery Electric Vehicle (BEV) platform. Hyundai-Kia is also willing to give Apple control over both the ‌Apple Car‌ software and the hardware, with Apple planning for a full Apple-branded vehicle and not a Kia model that includes Apple software.



Like this

loading...
loading...

Latest


04 February 2021
SEBI bans Future CEO from securities market in insider trading case
The securities market ban for Biyani, "on the face of it, it won't become more hard for group companies to raise money", said J.N. Future Retail moved the court against status quo order on the deal with Reliance and the hearing will take place on Thursday.

04 February 2021
'Chelsea is Chelsea' - Mourinho comments on Lampard sacking and Tuchel appointment
Villas-Boas added he was also informed very late of the departure on loan to Hertha Berlin of Serbian winger Nemanja Radonjić. Andre Villas-Boas has been suspended by Marseille pending disciplinary proceedings after he offered to resign as head coach.

04 February 2021
De Kock's brief stint as South Africa Test captain to end
At this point, there is no clear favourite, although most expect Dean Elgar to be a strong candidate. The Pakistan vs South Africa 2nd Test match will be played at Rawalpindi Cricket Stadium.

04 February 2021
Republicans stand by Marjorie Taylor Greene, keep Cheney as No. 3 leader
But it was unclear Wednesday whether that vote among GOP lawmakers would occur or if McCarthy would somehow delay that showdown. Senate Minority Leader Mitch McConnell, R-Ky., and others have boosted pressure this week on McCarthy and the House GOP to act.

04 February 2021
Biden tells Democrats he's willing to compromise on stimulus checks
The party has moved to use budget reconciliation to pass a $1.9 trillion plan without GOP support. He also employed the measure in a failed attempt to repeal the Affordable Care Act .

04 February 2021
Releases second Billie Eilish documentary trailer
Billie Eilish is arguably one of the most celebrated and popular musicians on the planet right now. The film is set to release in theaters and Apple TV + where it will be streaming globally.

04 February 2021
White House Offers 'Full Support' For Trump-era Space Force
Trump was very proud of Space Force and rarely delivered a speech without mentioning it. Psaki three weeks ago said Biden would resume the tradition, "for the sake of clarity".

04 February 2021
Police pepper spray 9-year-old girl in NY
The mother, Elba Pope, told CNY Central on Tuesday that the conflict started as an argument between her and her spouse. The police confirmed that their officers "had to" use handcuffs and pepper spray to ensure the child's safety.

04 February 2021
Lockdown measures cause Eurozone GDP to falter
The Eurostat statistics agency said the eurozone economy shrank by 6.8 percent in 2020, and by 0.7 percent in the fourth quarter. Eurostat's first estimate for 2020 as a whole was a decline of 6.8% in the Eurozone and 6.4% in the wider bloc.

04 February 2021
Country singer Morgan Wallen suspended by label 'indefinitely’ after racial slur
Singer Maren Morris criticised the country scene for not taking a stronger line against stars who hold racist views. "I used an unacceptable and inappropriate racial slur that I wish I could take back", Wallen told TMZ .