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South Korea’s LG Group is a good partner for Apple as it works to develop electric smart cars, an analyst at KB Securities Co. wrote in a note on Friday.
Haejin Kim told Bloomberg News:
“If Apple plans to sell a new car in 2026, it should start building its electric vehicle supply chain next year,” Kim Dong-won said in a Bloomberg report earlier this month, adding that Apple had scaled back its ambitious goal. drive plans, pushing back the car’s launch date by about a year, people with knowledge of the matter said.
“Partnership with LG Group, which has a full range of EV components, is possible,” Kim said.
According to KB Securities’ comments, local media reported Thursday that Apple has proposed a partnership with LG Group, and that LG Group has begun forming an internal team to work on any collaborations, including cell phone maker LG Energy Solution Ltd. and auto parts maker. announced. manufacturer LG Electronics Inc., camera module manufacturer LG Innotek Co.
MacDailyNews Note: In April 2021, it was reported that LG Magna e-Powertrain, LG’s joint venture with Canadian automotive supplier Magna International, was close to signing a deal with Apple to build its first electric vehicle (EV) models. Korea Times It was reported citing “sources familiar with the matter”.
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