Reports: Apple to invest $3.6 billion in Kia for Apple Car production

Updated : Feb 03, 2021 16:58
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Editorji News Desk

According to multiple reports, Apple is set to partner with South Korean Kia Motors in order to manufacture Apple Cars. If reports are to be believed then Apple could sign a $3.6 Billion deal with Kia as soon as February 17, and aim to introduce Apple cars in 2024. However, as per renowned Apple analyst Ming-Chi Kuo, an Apple Car will come in 2025 'at the earliest'. Its worth noting that neither Apple nor Kia has formally issued any statement on the reported deal.

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