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Apple reportedly in talks with Korean partners for its EV project

By Cookie Monster - on 10 Aug 2021, 12:00am

Apple reportedly in talks with Korean partners for its EV project

Image source: MacRumours

Apple is exploring business opportunities with Korean companies for its EV project according to The Korea Times.

A source claims that Apple has contacted several Korean EV component manufacturers including LG Electronics, SK Innovation and Hanwha. Local reports say Apple had "advanced meetings" with SK and LG.

In addition, Apple is said to consider using lithium iron phosphate (LFP) batteries as they are less likely to overheat compared to lithium-ion batteries. However, LFP batteries do not perform well at colder temperatures and Chinese firms are ahead of everyone else in the LFP market. 

Bloomberg recently reported that several top managers from the EV project have left. The departure is unlikely to affect its plans to launch an EV in the latter part of this decade. Other reports have suggested that Apple is exploring self-driving taxi service or car platform.

Source: The Korea Times via MacRumours

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