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Apple and Hyundai Motor expected to reach agreement for Apple Car by March

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A few days ago, it was confirmed that Hyundai Motor is in talks with Apple for the production of the tech giant’s ambitious project of making its own autonomous driving vehicle, which is currently being referred to as Apple Car.

Now, a new report claims that both the companies — Hyundai Motor and Apple could reach an agreement for the production of the Apple Car by March this year. It also adds that the production could start as soon as 2024.

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Both the companies are hoping to produce around 100,000 vehicles in 2024, claims the report coming via Reuters. Eventually, the plan is to reach the production goal of 400,000 vehicles annually.

Further, it claims that the “beta version” of the Apple Car could go into testing as soon as next year. It’s noteworthy that currently there’s no information available about the specification and features of the Apple Car.

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But, it is being reported that the company is planning to use a new special battery technology for the upcoming Smart Car. It was also reported earlier that a part of the development of components for the car will take place at Hyundai

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Motors’ facilities in the United States.

The timeline of making commercial cars by 2024 seems aggressive and has already been questioned by many, including notable Apple Analyst Ming-Chi Kuo. Some reports indicate that it will take around 5-7 years for the Apple Car to go into production.

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