Rumors have been going around about an electric car that could be coming from Apple technology company. The latest information indicates that the computer company is having talks with automobile companies that will lead to the first electric-powered car made by Apple. Sources from a website in Korea have provided details about these developments.

Apple has been talking with Hyundai

Reports have revealed that Apple is talking with Hyundai car company to collaborate in creating Apple’s first car. Hyundai could potentially work with Apple to create cars and the batteries that will serve as engines to propel the electric vehicles. A Korean media company revealed that Hyundai would carry out part of the manufacturing process in its facilities in the United States.

Apple remains highly secretive about its tech developments as it pertains to its first autonomous electric car. The company has hired engineers and designers for the drive system, interior and exterior of the car. According to Bloomberg, the plans to produce the first Apple car seems like it will not come to fruition for another five to seven years from now. Apple has stated that the electric car is expected to enter the market in 2027.

Hyundai has confirmed some of this information in reports to the media. A spokesperson from the carmaker revealed to reporters at CNBC that Apple and the car company are in talks, and the computer company has been approaching other automobile firms to bring their plans of entering the auto market into reality.

Apple needs a car manufacturer to make the car

It has been known for years that, if Apple were to produce a vehicle that bore the tech company’s logo, it would be a different company that would manufacture the car. This is mostly due to the fact that Apple does not currently own any factories that could produce car parts. Sources have revealed that Apple is already beginning to work on software and sensor technologies that would be used in the cars.

Other reports have revealed that Apple intends to begin production on its first electric car in 2024. This vehicle is expected to utilize new battery technology that the company believes will be a breakthrough for the industry. The first Apple car is expected to offer greater range than competing cars at a relatively lower price. The Apple car is also expected to represent a leap in computerized vehicle technology, rivaling other autonomous vehicles that are beginning to enter the market from companies such as Tesla Inc.

It’s still too soon to predict when the first Apple car could arrive on the market, but, with the current developments that have been revealed, it seems likely that it could become a reality well before the end of this decade.

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