On February 2, Tianfeng Securities Apple analyst Ming-Chi Kuo published a research report, revealing the recent progress and details of the Apple Car.
- Apple will cooperate deeply with Hyundai on Apple Car, and details include the chassis will adopt E-GMP platform and Hyundai will provide technical support, Hyundai Mobis will provide some parts design and production, and Kia will provide production line in the United States to produce Apple Car.
- If the cooperation model between Apple and Hyundai goes well, we predict that Apple will cooperate with GM and PSA to develop other Apple Car models or enter other markets.
- At present, Hon Hai Precision Industry is not the best partner for Apple to develop Apple Car. The market is too optimistic about Apple Car orders from Hon Hai and other companies.
