Apple rumored to invest $3.6 billion in Kia Motors
Megha Jain
Content Head
Image Credit: shortpedia
Apple is rumored to be planning an investment of $3.6 billion in Hyundai-owned Kia Motors. The deal could be the first step toward producing the Apple Car at Kia's facilities in Georgia. The deal could go through by February 17 and Apple Car could release in 2025, much earlier than prior launch estimates. Kia aims to produce 100,000 cars per year once manufacturing commences.
