Apple and Hyundai team up to build electric vehicle by 2022.
                     APPLE & HYUNDAI TEAM UP TO BUILD 
ELECTRIC VEHICLE BY 2022
INTRODUCTION
• The rumors on Apple relaunching the 
plans to build electric vehicles are back 
again. 
• Earlier, Apple announced and shelved 
the idea and the news is hitting 
headlines that Apple and Hyundai plan 
to sign a deal to build a ‘beta’ version of 
an Apple electric vehicle by 2022.
Source: www.businessinsider.com
APPLE'S PROJECT TITAN
• Through its secret project Titan, Apple 
explored an introduction to the EV 
market, which started in 2014 yet 
eventually diminished in 2019. 
• Yet recent reports state that Apple had 
repeated its drive to allegedly develop 
an advanced battery capability which 
was to significantly increase its range 
and with far lower costs than now 
technology is enough to allow. 
Source: www.investopedia.com
POSSIBLE APPLE-HYUNDAI DEAL
• Recently, a Hyundai Motor 
representative disclosed that the 
company is in early discussions with 
Apple. 
• The representative also received 
inquiries from other firms concerning a 
possible collect of development and 
manufacture for autonomous electric 
cars, while Apples also talked to other 
main car manufacturers as well.
Source: www.investopedia.com
APPLE & HYUNDAI TEAM UP
• The initial report argued that Apple and 
Hyundai have planned for the signing, 
by 2021, of a partner agreement for full 
production in America.
Source: www.investopedia.com
BETA VERSION
• Initial report also stated that the vehicle 
would have a 'beta version' available in 
the Kia Motors Corporation KIMTF 
facilities which are in a group 
headquartered in the U.S.
•  Hyundai will have a 34 percent market 
share in Kia and Kia shall be a minority 
owner in 22 major parties of Hyundai.
Source: www.appleinsider.com
BUILDING A NEW PLANT 
• The report also asserted Apple and 
Hyundai are discussing yet another 
option, the development of a new plant 
in the United States for 100,000 vehicles 
produced annually through 2024 and the 
annual potential for motorcycle 
networks is eventually increased up to a 
400,000 one would move every previous 
year. 
Source: www.investopedia.com
SHIFT TOWARDS ELECTRIC VEHICLE
• The possible partnership is further 
signaling the continuing shift towards 
technology for electric vehicles and car 
makers such as Tesla are in the works to 
help keep pace. 
• Tesla has had many coattails were being 
run by many other domestic companies, 
Ford and GM, now the most significant.
Source: www.gulte.com
SIGNIFICANCE FOR INVESTORS
• A major downside in the entry into the 
car market for Apple is the absence from 
this extremely highly capital-intensive 
industry experience. 
• As a consequence, an alliance or 
partnership is a logical point of entry 
with a designated global vehicle 
producer.
Source: www. alphagamma.com
APPLE ON ENTERING THE ELECTRIC 
VEHICLE MARKET
• Apple is talking to one or more big 
market car companies suggest that it is 
getting serious with Apple on entering 
the vehicles world. 
• Nevertheless, despite a deal to be 
concluded reasonably quickly, it can 
even be more ambitious if a vehicle 
begins operations by 2024.
Source: www.investopedia.com
SELF-DRIVING PROJECT
• Hyundai reportedly acknowledged its 
talks to Apple about the self-driving 
project. 
• If the reports are anything to go by, 
Apple’s new cars are anticipated to use 
the new type of battery that costs low 
and extend the drive between charges.
Source: www. auto.economictimes.com