If the agreement is signed, then the release of Apple Car could begin “as early as 2024 in the United States .” The Korea IT News article cited industry sources as saying that Apple and Hyundai will manufacture vehicles at Kia Motors’ Georgia plant or “will co-finance the construction of a new plant in the United States .”

The companies plan to produce 100,000 electric vehicles as early as 2024, eventually reaching a capacity of 400,000 units per year. The publication of the newspaper also says that testing of the “beta” version of the Apple Car may begin next year.

Last Friday, Hyundai Motor, commenting on rumours on the network about its possible cooperation with Apple in the development of autonomous technologies, officially confirmed the fact of negotiations with the iPhone manufacturer. True, after a while, she removed the mention of Apple from the message, limiting herself to general phrases that she receives offers of cooperation from many different companies interested in the joint production of electric vehicles, but at the moment no decisions have been made. We will remind, the previous versions of rumours about the collaboration between Apple and Hyundai said that the companies intend to release an unmanned electric vehicle in 2027. But even on such news, Hyundai shares rose almost 20%.

We add that Hyundai Motor declined to comment on Sunday’s publication of Korea IT News, reiterating its statement that it is receiving offers from various companies for potential cooperation in the development of autonomous electric vehicles. After that, details about the timing of the signing of the agreement, the location and production capacity, as well as the timing of the launch of unmanned vehicles disappeared from the Korea IT News publication.