What you need to know
Analysts at JP Morgan say that Renault could be an attractive partner for Apple and its car.
A new report from JP Morgan states that Renault could be an attractive partner for the Apple Car.
In a new note to investors JP Morgan notes recent press chatter surrounding Apple Car and a potential deal with various car OEMs including Hyundai and Kia.
The note states that Apple is looking to create a Global Manufacturing Alliance to launch the project. Accordingly, when looking at car manufacturers from a European point of view, JP Morgan says that Renault makes a lot of sense.