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Apple is investing billions of euros in Kia for its own car

That Apple Auto will just come, presumably through a collaboration with the South Korean Kia.

As time goes on, more and more information comes out about the Apple Car. Rumors have been buzzing about an electric car from Apple for years, but the company has never confirmed this to date.

Apple and Kia

When other parties become involved in your project, more information often comes out. That is the stage that Apple is now moving into. Earlier there were rumors that the American tech company has found a partner in Hyundai and Kia. Now the news is that Apple has invested nearly 3 billion euros in Kia Motors to make the car a reality, according to Korean media.

For example, Apple will sign the car, while the Koreans will be responsible for manufacturing the vehicle. At least, that’s the expectation. Kia has a factory in the United States, where the Apple Car could also be built. A possible deal could be signed on February 17. The first cars will be introduced in 2024, according to reports.

In any case, it is good news that the project is moving forward at full speed. Apple and Kia seem to have found each other. We now have to wait and see what exactly the brand will come up with. (via Bloomberg)

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