Apple's partner will be Kia – the American company plans to invest $3.6 billion in the development of the car and organization of production. The news shook the market, and Kia shares on the South Korean stock exchange soared by 14.5%, reaching a record value since 1997.
So far, there is little information about the first Apple car – the parties refrain from comments. It is known that it will be an electric car with an innovative autopilot, and its development will be led by former Porsche engineer Manfred Harrer, who specializes in fine-tuning sports car chassis.
The cars will be produced at the Kia plant in the American state of Georgia starting in 2024. Initially, they plan to assemble 100 thousand cars per year, but in the future, production volumes will be increased to 400 thousand units annually.
