While he had been quite discreet on the subject in recent weeks, giving no comment on the possible negotiations between Hyundai and Apple, Apple's most famous analyst, Ming-Chi Kuo came out of his silence to give us some news information on the Apple Car and its development.
Thus according to Kuo the Apple car project would be on track, the Apple brand would work with Hyundai to produce an initial vehicle, a sort of V1 while the names of General Motors and PSA have been mentioned with regard to the continuation of the project.
According to the information he revealed in his report to TF Securities investors, the Apple Car will be built on an E-GMP base from Hyundai.The manufacturer's subsidiary Kia will be responsible for production of the model in the United States..
This basic structure was presented at the end of last year by Hyundai, it has a range of just under 500 kilometers, a dual engine and an unprecedented charging capacity. In fact, Hyundai announces that it can recharge its battery pack in 18 minutes to 80%.
If discussions are very advanced with Hyundai, General Motors and PSA could become regional partners for the Apple which will not be able to give all the orders to Hyundai, the Korean risking being overtaken.
An Apple Car impossible without manufacturers
The second important point according to Kuo isApple's technological dependence in this Apple Car project. Indeed, it is impossible for the Apple brand to develop a car alone in a timely manner. The support of different manufacturers is essential for Apple if the Apple wants to produce electric cars in the coming years. Kuo explains that a car like the Apple Car is made up of 40 to 50 times more parts than an iPhone or iPad, a gap that makes Apple's current production and supply chain inefficient, which would be, according to the analyst, incapable of producing quality products without enormous delivery times.
The future of this electric car is therefore far from being written in advance and the road to its commercialization will not be a straight line. At the end of last weeka manager of the Hyundai group announced that the manufacturer's decision had not been made regarding the Apple Car, Hyundai wanting to maintain its sovereignty and not become a subcontractor of Apple.
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By : Keleops AG
