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Sonos Inc (SONO) Q3 2021 Earnings Call Transcript
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Teradata Corporation (TDC) Q2 2021 Earnings Call Transcript
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The so-called Apple Car, which is being developed by a team at Apple, is tentatively scheduled to go into production in 2024, though people familiar with the talks between Apple and Hyundai-Kia say the eventual rollout could be pushed back.
Sources tell CNBC no agreement has yet been reached between the two companies. In addition, they stress that Apple may ultimately decide to partner with another automaker separately or in addition to working with Hyundai.
One source familiar with Apple s strategy on developing a car tells CNBC, I doubt Hyundai is the only automaker they could strike a deal with, there could be somebody else.
Apple and Hyundai-Kia are close to finalizing a production deal.
Multiple sources say production could start as soon as 2024.
As reported by CNBC, multiple sources are saying that Apple and Hyundai-Kia are close to finalizing a deal to build Apple car at the Kia factory in West Point, Georgia (United States). According to those familiar with the talks, the vehicle could go into production as soon as 2024, but they assert that the schedule could be pushed back.
Despite the news, the sources also have said that no deal has been reached just yet and that Apple may ultimately decide to go with another manufacturer.
Apple s 1st Self-Driving Car Incoming By 2024, Might Be Made By Hyundai-Kia
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