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Apple rumored to sign $3.6 billion deal with Kia Motors for Apple Car partnership

According to local newspaper DongA, Apple is set to announce a major contract with Kia Motors, worth about $3.6 billion as the company ramps up its efforts to build an electric car. According to the papers, the news could be officially announced as soon as February 17.

Apple is apparently looking to produce about 100,000 cars a year, starting in 2024. A previous report had suggested that Apple was looking to sign a deal with Hyundai by March.

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The post Apple rumored to sign $3.6 billion deal with Kia Motors for Apple Car partnership appeared first on 9to5Mac.

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