What you need to know
- Apple and Hyundai/Kia reportedly signed a "memorandum of understanding (MOU) last year.
- The companies agreed to partner together in eight different sectors.
As reported by Reuters, online site Chosun Biz claims that Apple and Hyundai/Kia signed a "memorandum of understanding (MOU)" last year with an agreement to work on products together in eight different sectors, including work on electric vehicles.
Kevin Yoo, an analyst at eBEST Investment & Securities, agrees with Chosun and believes that Apple and Kia are still open for plenty of other partnerships.
In addition to the possibility of an actual electric vehicle partnership, the two companies are also reportedly talking about collaborating on solutions for "last mile" transportation methods.
Rumors have swirled about a potential partnership between Apple and Hyundai/Kia, going so far as to detail the company's plan to use the Kia plant in Georgia in the United States for production.
Neither Apple nor Hyundai/Kia responded to a request for comment for the report.
Joe Wituschek is a Contributor at iMore. With over ten years in the technology industry, one of them being at Apple, Joe now covers the company for the website. In addition to covering breaking news, Joe also writes editorials and reviews for a range of products. He fell in love with Apple products when he got an iPod nano for Christmas almost twenty years ago. Despite being considered a "heavy" user, he has always preferred the consumer-focused products like the MacBook Air, iPad mini, and iPhone 13 mini. He will fight to the death to keep a mini iPhone in the lineup. In his free time, Joe enjoys video games, movies, photography, running, and basically everything outdoors.
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