Apple to reportedly invest $3.6 billion in Kia motors for future Apple Car vehicle

Apple is reportedly entering into a partnership with South Korean car manufacturer Kia, for the production of their future electric vehicle – the Apple Car. The two companies may enter into a contract on February 17th and will start producing cars that will likely launch in 2024. Apple will also be working with Hyundai for the designing and developing for their first car, using their E-GMP battery electric vehicle (BEV) platform.

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