Apple has talked with LG, SK and Hanwha, and others.
Numerous OEMs were reported to be discussing a possible partnership with Apple.
Most recently, Magna was tagged to build the Apple Car.
The idea of Apple building its own electric and autonomous car is not a new one. Over the last year, reports of Apple hunting for partnerships have emerged involving Hyundai/Kia, Nissan, BMW, as well as Magna. In this round of updates, it appears as though Apple is in talks with Korean EV component suppliers.
The Korean automakers, Kia and Hyundai, have surfaced more often than the others over the last 9-12 months. In fact, Apple was reportedly investing 4 trillion won in Kia to build its car. 9To5Mac states that Apple’s had advanced meetings SK Innovation, the EV battery-making of SK Group, and LG Electronics, along with Canada-based auto parts maker Magna International.
The source story also reports the following: “Apple officials have been in Korea for business talks with its Korean partners in the semiconductor and display sectors. As seen in Apple’s smartphone business, the company is seeking business partners in Korea for its EV business,” a senior industry executive directly involved with the issue told The Korea Times.
“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.”
Apple has not indicated if its car will be limited to fleets such as ride-share services or if it will available for purchase by individuals. According to past reports, the Apple car may be as much as five to seven years away.