Previously, Apple’s car strategy involved relying on a traditional automaker for the whole thing, so the company reached out to Hyundai, with talks actually reaching a pretty advanced stage before the South Koreans ruined everything by spilling the beans on the project.
Apple was so upset with Hyundai confirming the talks that the company eventually abandoned the talks, trying to find another carmaker for the project.
However, after failing to find a partner for the production of the Apple Car, the Cupertino-based firm ended up discussing such a partnership with other third parties, including Foxconn and a joint venture formed by LG and Magna.
And now this new report indicates that Apple is seeking a deal similar to the one that helps make the iPhone. For example, the talks are believed to involve SK Innovation, which currently manufactures EV batteries, LG and Magna, Hanwha, and other companies that could work together to help assemble the Apple Car.
No decision has been made, but it’s pretty clear Apple wants to rely on a rich partner portfolio to build the Apple Car, and in the long term, this could help the company create an ecosystem that it would control as effectively as its iPhone network.
People familiar with the matter said the Apple Car wouldn’t be here earlier than 2025, with a prototype expected to hit the streets in 2024.