Kuo Apple Iphonescampbellappleinsider: Kuo: Apple Car will use Hyundai’s E-GMP battery electric vehicle platform; new models could be built in association with GM and European manufacturer PSA
Apple has reportedly decided to team up with Hyundai for the construction of its next-generation vehicle model. Apple intends to use the Korean carmaker’s E-GMP battery electric vehicle platform for the manufacture of a new model that would enter mass production in 2019 at one or more factories in China first, followed by North America and Europe. Apple and Hyundai are currently in search of a site to build a new factory dedicated to the production of cars.
Also, Apple is said to have plans to build models in association with GM and European manufacturer PSA. In collaboration with GM, Apple is expected to start production of an electric car model at the latter’s Michigan factory by 2021.
Apple is also said to be collaborating with PSA on a model that would be produced from 2019 onward at one or more factories in Europe. Apple and PSA are expected to start discussions in the near future to build a new plant in Europe that would create thousands of jobs. Both companies are expected to invest more than two billion euros in the facility.
The car industry is currently undergoing a major restructuring as car manufacturers race to build self-driving cars that enable customers to pay for their rides with convenient mobile payment systems. By 2020, over 100 companies are expected to start producing self-driving vehicles, including Apple and Samsung Electronics.
Apple has recently announced that it plans to start mass production of an electric vehicle by 2019. Hyundai and GM, in addition to PSA, are currently said to be in pre-negotiations for the construction of an electric car factory in China.
The automotive industry is undergoing a major transformation as global automakers prepare to launch new models equipped with self-driving technology – a first generation of such vehicles will likely be produced by Google and Apple in 2020.
KGI Securities analyst Ming-Chi Kuo reports that Apple has chosen Hyundai’s battery electric vehicle platform for the design of its first mass-production model. The platform will be shared by several manufacturers, including PSA, which could allow Apple to accelerate the launch of its car.
According to Kuo, E-GMP is an extension of Hyundai’s current technology and supplies one third of the automaker’s global production capacity.
Apple’s latest car model, which is said to be in the prototype phase, will use an electric motor and will be built as a third-generation vehicle in one of the automaker’s Chinese plants. It is expected that Apple will start discussions with Chinese carmakers in 2019 to build a new factory that would create thousands of jobs. Kuo says that Apple’s production plans could lead to mass production of the model by 2021.
Apple claims to have expertise in both the software and hardware aspects of self-driving cars. As a result, the company has been aggressively investing in its self-driving car division. Last year, Apple reportedly spent over $1 billion on a California based autonomous vehicle startup that is currently developing new technology for the design of self-driving cars.
Apple’s ambitious plans could prove to be easier said than done. Last week, the US National Highway Traffic Safety Administration (NHTSA) issued a report claiming that it was poorly equipped to regulate self-driving cars. The report claimed that the agency does not have sufficient resources to deal with the rapidly changing technology. NHTSA is currently negotiating with industry leaders and has delayed new regulations for self-driving cars until at least 2023.
According to Kuo, Apple could partner with Hyundai or another car company as well as several other global automakers on its self-driving car project. A partnership with Ford, Opel and GM is also possible.