South Korea’s LG Group would make a good partner for Apple as it works to make an electric smart car of its own, an analyst at KB Securities Co. wrote in a note Friday.
Heejin Kim for Bloomberg News:
“Apple should start shaping its own supply chain for EVs next year if it plans to sell a new car in 2026,” Kim Dong-Won wrote, with reference to a Bloomberg story earlier this month that said Apple has scaled back its ambitious self-driving plans and postponed the car’s target launch date by about a year, according to people with knowledge of the matter.
There’s the possibility for a “partnership with LG Group, which has a full line-up for EV components,” Kim said.
KB Securities’ commentary also follows a local media report Thursday that said Apple has proposed cooperating with LG Group and LG Group has started forming an internal team to work on any collabora-tion, including staff from cell maker LG Energy Solution Ltd., auto parts maker LG Electronics Inc., and camera-module manufacturer LG Innotek Co.
MacDailyNews Note: Back in April 2021, LG’s joint venture with Canada-based automotive supplier Magna International — LG Magna e-Powertrain — was reported to be “very near” to signing contracts with Apple to build its first electric vehicle (EV) models, The Korea Times reported citing “a source familiar with the issue.”
Please help support MacDailyNews. Click or tap here to support our independent tech blog. Thank you!
Shop The Apple Store at Amazon.
Just. as the very limited market for electric cars is about tapped out, as noted by the CEO of Toyota, it would be brilliant for Apple, a computer company to team with LG, an appliance company, to make a coal powered car that requires immense energy spent to mine rare earth minerals needed for batteries, which deplete even when you aren’t using them, especially in cold weather. It’s -4 in Cleveland right now. Wouldn’t it be swell to be driving an electric car, turning off the heater because that uses a lot of the charge, so you can be sure to get the 40 miles to your destination. What a f&cking moronic cast of imbeciles has overtaken the auto industry.
Hydrogen fuel-cell vehicles are the future, not electric vehicles which simply move the polluting emissions from the individual tailpipe to the electrical generating facility’s smokestack, many of which burn coal.
Honda had a Hydrogen car called the Clarity, about the size of an Accord or Civic, and it never really took off, and thats probably for the same reason EV’s will fail. lack of fuel and charging infrastructure. There could be other reasons the Clarity never took off, but you were range limited significantly because there was no place to refuel one other than So-Cal, and very few of them at that..
The other reason’s EV’s will eventually die, IMHO is the lack of lithium, because it will eventually become so expensive to get, because we’ll never be able to mine it here in the US, that an EV will become more ridiculously expense than they already are. There is always some article, saying new better battery tech is right around the corner, but so far, it never seems to get around the corner…
Shockingly agree! But….Hydrogen fuel cell vehicles are electric vehicles. Todays electric vehicles are a transitional step, and still put less smoke in the air.
They can’t even make a refrigerator that lasts.
So true. Sad to say, but true. Had good luck with only one brand.
Needs improvement. C-
Oops that was for Kent. Reply didn’t go in right place. Sorry.
I give you an F.
Don’t lash out. I’m not being mean. I’m a lover not a fighter.
Read your original post again. Now read it once more leaving out the last sentence. See how the whole vibe changes.
Here is another example:
“Are you angry he lets other people have opinions you don’t like? I think you are the littttttlllle baaabbbbby”
Did you need that last sentence? Nope.
Hope you feel better soon.
Now if someone told you to give yourself an F, as in go F yourself, would that be nice?
EVs unsafe at any speed.
Gas powered cars are the future. Gasoline is the most efficient and most environmentally friendly source of power in the world. It is God’s gift to humanity. Thank you, God.
Hopefully you are being sarcastic because if not then you are seriously in need of help
LG would be a great partner if you need a refrigerator in your car.