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Friday, 8 January 2021

Hyundai is Developing a Car in Partnership with Apple

Hyundai is Developing a Car in Partnership with Apple

 

The day is not far when people will show off their Apple cars. Yes, you read it right. It is the Apple car we are talking about. Looks like very soon the long-heard tech giant’s secretive Project Titan is coming to reality.  According to a report by Reuters, Apple’s Project Titan could produce a car by 2024 or so. Rumors are also circulating that Apple and the South Korean car company Hyundai are collaborating for electric car production.   


The initial statement given by the South Korean car company suggested that the collaboration is in the early stages of discussion with the iPhone makers about the development of electric cars. Hours later, the car company retreated from its initial statement and said that it was talking to several potential partners without naming Apple. 


After this news, Hyundai’s stocks increased by 20%.  

 


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