Apple reportedly in talks with South Korean manufacturers for Apple Car

Apple continues taking steps toward the electric vehicle (EV) business, as the company has made contact with multiple South Korean EV component manufacturers regarding “Apple Car,” an industry source told The Korea Times on Monday.

vehicle under wraps

Baek Byung-yeul for The Korea Times:

“Apple officials have been in Korea for business talks with its Korean partners in the semiconductor and display sectors. As seen in Apple’s smartphone business, the company is seeking business partners in Korea for its EV business,” a senior industry executive directly involved with the issue told The Korea Times… “As far as I know, Apple has talked with LG, SK and Hanwha, but the talks are still in the early stages.”

Thoughts are that Apple had “advanced meetings” with SK Innovation, the EV battery-making arm of SK Group, and LG Electronics, which recently established the joint venture, LG Magna e-Powertrain, along with Canada-based auto parts maker Magna International. Representatives from SK and LG Electronics said that it is hard to confirm whether such meetings occurred. The Korea Times was the first to report that LG Magna was very near to winning volume orders to produce Apple’s first-generation EV.

Apple is considering using a lithium iron phosphate (LFP) battery, which is less likely to overheat and is therefore safer, compared to lithium-ion batteries, which most Korean battery makers are currently manufacturing.

Made of lithium and iron phosphate, LFP batteries show weaker performances at colder temperatures than lithium-ion batteries, but they cost less. In the LFP battery business, mainland Chinese makers take the lead, as there are no Korean makers producing the batteries.

MacDailyNews Take: In mid-July, DigiTimes reported that Apple is looking to manufacture batteries for “Apple Car” in America and may work with Taiwanese makers. Apple’s new vehicle battery design could “radically” reduce the cost of batteries and increase the vehicle’s range, the report stated, citing “a third person who has seen Apple’s battery design.”

[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]

29 Comments

  1. The front grill will feature a notch, the windshield will be boron-free sapphire, the rims will be pink-gold titanium, and all plastic use will be offset by ocean salvage credits.

        1. I think you have Governor Cuomo (who allegedly groped women above the waist) confused with the guy who bragged to a reporter in a recorded on-the-record conversation that when he grabbed women by their genitals they didn’t complain because he was famous.

          1. Telling stories about commiting sexual assault is not “guy locker room talk” for normal Americans, any more than telling stories about how your father got arrested at a KKK rally, encouraging violence against political dissenters and the press, or mocking disabled reporters. Your mother would have been ashamed of the effort to normalize the intolerable.

    1. Isn’t Georgia in Korea? Geology isn’t taught in US schools, so I don’t know where it is. If geology was taught, it was never tested. I only know it isn’t in Portland.

        1. No, no, no. You didn’t get my little dig (get it? “dig”) at Oregon. In July, Governor Kate Brown – Socialist, quietly signed a new non-education bill. “Temporary suspension” of testing in schools (that won’t even open until 2031 – but that is another issue). No more testing. No math tests. No geology, reading, writing, geography, etc… Why not? She, in her own words, wants to be fair to “BIPOC” students. Uh… is that racist? Is she suggesting that BIPOC students are dumb? Is she suggesting that non-BIPOC students should… lower their effort, grades and scores?

          Well, anyway…

          So, back to my original post about Korea being in Georgia… Didn’t learn that in geology! Get it? Didn’t learn to read or write either. Geology… geography… don’t know the difference cause… I’m from Portland.

          But, I do know how to throw rocks at pigs and burn down local businesses. I did learn that! Good for me. Good for America!

    2. Just to let you know, ALL of Kia’s cars assembled in Georgia, and ALL of Hyundai’s in Alabama are assembled for a foreign company. There. Easy to understand?

        1. And my point was that there are no “American car companies” or “foreign car companies.” They are all multinational corporations. My wife still owns a 1989 Toyota that was assembled in Canada with an American-made engine. Close to a majority of “foreign” cars in the US were made by US workers. General Motors makes some of its Chevy, Buick, and Cadillac vehicles with Chinese workers. All these companies have stockholders and managers from all over, not just the country where the HQ is located.

            1. GeoB, The “multi” in “multinational corporation” actually means something. Apple, for example, makes most of its products outside the US and earns 62% of its revenue outside the US. Toyota makes cars in 27 countries and sells 84% of its vehicles outside Japan.

              From your list, Chrysler, Dodge, Jeep, and Ram Trucks are made by subsidiaries of Stellantis, a multinational corporation headquartered in The Netherlands.

              Before the pandemic, Ford (which is by far the most “American” major automaker) sold 33% of its vehicles overseas; 75% of the Fords sold in the US were assembled here, but only 70% of the content of those vehicles was US-made. So the majority of parts in Ford’s worldwide production are non-American.

              General Motors both makes and sells more vehicles in China than in the United States.

              Talking about any multinational corporation as if it were purely American does not reflect reality. Likewise for “foreign” corporations that employ large numbers of Americans.

            2. TxUseless, I’m aware of car manufacturer world spread for decades. You totally missed my point! Make in America by American born companies.

              Got it global brainless?…

        1. We really didn’t have a “grid” until Rural Electrification under FDR. It was obviously not built with renewable sources or exploding numbers of consumers and air conditioners in mind. Our deregulated market did not require or reward surplus capacity, and we can’t draw on out-of-state resources, so the system is brittle. Something like the big freeze or a heat dome can bring the system to the edge of collapse. If the operators had not been on their toes last February, we could have had portions of the state without power for months.

          Fortunately, Texas has a lot of wind, sun, and natural gas, so it will be easy to increase capacity to cover electric vehicles, even while we replace the coal-fired plants. The major thing we lack that California has is hydropower to take up the slack on calm nights when renewable production is down. We also have a much stronger fossil-fuel lobby here, so state support goes to the gas industry rather than to the more cost-effective renewables.

          1. Replace coal-fired plants? Coal produces almost three quarters of electricity in the world. When and how? Your green dreaming that won’t happen in our lifetimes if it happens EVER…

            1. I was asked about the grid in Texas. Less than 20% of our power here comes from coal and most of those plants are already scheduled for decommissioning. Gas plants, both steam and gas turbine, are cheaper to build, operate, and maintain, keep the air cleaner, and don’t produce ash. They currently produce 44% of the electricity in Texas. The share from renewable sources is already 26% and rapidly rising. The only limit is the difficulty in storing powere from an intermittent source. Texas has two nuclear power complexes that generate most of the remaining 10%.

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