If we thought that Apple was going to put aside the Apple Car project, we were very wrong. At least that is what the latest information or rumors want us to think about. Apparently apple I would be in a deal with LG to be able to manufacture the Apple Car and make it a reality.
LG Electronics' joint venture with Canada-based automotive supplier Magna International, LG Magna e-Powertrain, is "very close" to sign contracts with Apple to build its first electric vehicle models. That is at least what the news published by the newspaper reveals The Korea Times which also quotes "a source familiar with the matter."
According to this same source, it may be that the production of the first models not on a large scale, because it is the opportunity for the apple company to really determine what is the interest of users in this type of «gadget». Depending on how the market responds, so will its commercialization and of course its production.
The union of Apple with LG is clearly a great advantage for both. For Apple, and because LG Group subsidiaries including LG Display, LG Chem, LG Energy Solution and LG Innotek are already included in Apple's parts supply chain, Apple does not have to worry about any problems in the supply chain. supply. These LG affiliates are qualified to ensure production yields and faster delivery of necessary parts for Apple electric vehicles.
If the agreement is finally carried out, we have to take into account that, the two parties will jointly establish the relevant details for the production of the electric car, which could be presented in 2024.