Apple invests in KIA cars make final preparations for "Apple Car"

Apple invests in KIA cars make final preparations for "Apple Car"

According to Korean media reports, the US mobile phone manufacturer Apple will invest in KIA cars in South Korea to prepare for the development of "Apple Car"!

It is reported that Apple in the United States will invest nearly 4 trillion won in KIA cars, about 27.7 billion Hong Kong dollars. In addition to building related production facilities for "Apple Car", it will also be used for recruitment and software development. In fact, "Apple Car" is rumored to be launched in 2024, and will also target an annual output of 400,000 units.

The capital injection news made KIA Auto's share price 

(KRX:000270) soar by 11%; parent company Hynudai (KRX: 005380) also rose by 5%.

In addition, it is also rumored that Apple has been successfully poached by

the German sports car manufacturer Porsche and 

successfully invited Dr. Manfred Harrer, the vice president of the development department.

The first Porsche Taycan electric car released in 2019 is his representative work.

Not only has the Taycan become Porsche’s best-selling car last year, 

but many car reviews believe that it combines the advantages of electric vehicles with the handling characteristics of traditional Porsches.