Possible agreement with LG and Magna

Last winter we shared the news that came from the caran Apple It will be commercialized by 2024. In fact, after throwing the towel at its car project that has been on the table since 2014, it looks like the electronics giant wants to move the coil forward again. According to reliable sources, Apple is on the verge of making a deal with it LG And the Magna.

It is important to note that Apple recently tried to partner with the industrial giant Hyundai to develop its car. Hyundai backed off, however, because its executives feared the company was acting as a supplier rather than being able to oversee and control the project.

However, this time a new rumor is coming from the South Korean media Korea Times, He said Apple is considering entering into an agreement with electronics company LG, which is also a supplier of batteries for electric vehicles.

In addition, LG recently entered into a partnership with Canadian supplier Magna, which already supplies components to several major automakers, including BMW, Ford, General Motors, Hyundai, Kia, Toyota and Volkswagen. Together LG and Magna created the LG Magna e-Powertrain Attack. Although this partnership is still in its infancy, these two companies together aim to produce components such as motors, electrical circuits and internal chargers for electric vehicles of the future.

A partnership with these two suppliers might make sense to develop the Apple car, as the company could save development costs and thus benefit from the expertise of these companies. This is all just speculation, but it will be interesting to see where it all goes, and whether Apple is able to penetrate the automotive industry the way it wants. Follow.

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