Tech News: Apple might partner with an old rival for its Apple Car.
After what seems like an eternity of back and forth negotiations for the tech giant, Apple he may have finally found a partner to help produce his own Apple EV cars – and it could be an old rival.
According to a recent report by the Korea Times, Apple it is “very close” to a partnership agreement with Canadian automotive supplier Magna International and – expect it – LG Electronics. The two companies are expected to collaborate on an initiative loosely called “LG Magna e-Powertrain”, and it seems Apple hopes to integrate this initiative, whatever it may be, into its first production run of Apple Car.
The report suggests that LG and Magna are “very close to signing contracts with Apple under which [they] could handle the first volume production of Apple VE. “So it seems likely that the e-Powertrain in question actually refers to a powertrain of a vehicle, the mechanism used to transfer the transmission from the motor (or battery) of a vehicle at its axis – capable of powering the Apple Car.
Although the report states that the details of the contract are “still under discussion” and that the collaboration would only represent an “evaluation opportunity. [the] marketability [of an Apple EV], “The alleged partnership nevertheless revives hopes that a Apple-brand car may soon become a reality.