'Apple Car' profits will quickly dwarf initial $3.6B Kia investment, analyst claims
Apple's entry in the car market could generate profits that "dwarf the initial investment" of $3.6 billion, an analyst claims.
Apple Car
Mike Peterson
Investors are underestimating the 'Apple Car' impact on the EV market, analysts say
Amid reports that Apple is building out its "Apple Car" production capabilities with Kia, Morgan Stanley analysts said that investors are likely underestimating the impact Apple could have on the market.
Apple nears 'Apple Car' deal with Kia, first model might be fully autonomous enterprise vehicle
A report on Wednesday claims Apple's first foray into the automotive industry will be a fully autonomous vehicle designed to operate without a human driver, suggesting it might not be marketed as a consumer product.
Mikey Campbell
Apple rumored to invest $3.6B in Kia to produce 100,000 'Apple Cars' per year
A new report claims Apple and Kia are close to reaching a deal that will see the tech giant invest some 4 trillion won (about $3.6 billion) on a collaborative effort to bring "Apple Car" to life.
Apple poaches Porsche VP of chassis development for Apple Car development
The Apple Car may be taking another step to reality, with Apple reportedly hiring Porsche's vice president in charge of chassis development.
Malcolm Owen
'Apple Car' may recognize hand signals from people directing traffic
Apple is researching how to make a future "Apple Car" correctly recognize and respond to a person directing traffic at the site of an accident, or a parking attendant telling you which way to go.
William Gallagher
Kuo: 'Apple Car' to use Hyundai's E-GMP platform, GM and PSA partnerships possible
Noted TF Securities analyst Ming-Chi Kuo weighed in on "Apple Car" on Monday, saying Apple will work in close cooperation with Hyundai on an initial model that could lead to new vehicles built in association with General Motors and European manufacturer PSA.
Hyundai bosses 'agonizing' over whether to build 'Apple Car'
Executives at Hyundai say they are still unsure whether collaborating with Apple on the "Apple Car" is a good move.
'Apple Car' may automatically configure seats, keep displays private
Passengers of the "Apple Car" may only be able to see displays inside the vehicle while wearing special glasses for privacy, while the driver may discover the car's seat and steering wheel could change position automatically by detecting the presence of their iPhone.
