iCar? Apple Nearing Deal To Produce Autonomous Cars

Apple and Hyundai-Kia are nearing a deal for Hyundai-Kia to manufacture Apple cars at an assembly plant in Georgia, CNBC reported Wednesday.

The “Apple Car” would be a completely autonomous electric car and would be manufactured in West Point, Ga., at a Kia plant if the deal closed, according to CNBC.

People familiar with the matter told CNBC that Apple has been working on this car for a while and hopes to have its roll out in 2024. However, Hyundai-Kia still might not be the car company Apple pairs with.

Apple could go with another company since the deal has not been finalized or work with Hyundai-Kia along with another company.

Although the look of an “Apple Car” has not been released, a source provided a description of the car.

“The first Apple Cars will not be designed to have a driver,” one source told CNBC. “These will be autonomous, electric vehicles designed to operate without a driver and focused on the last mile.”

Read more at The Hill.

{Matzav.com}