Asian Tech Press -- South Korea's LG-Magna joint venture may build so-called "Apple Car", US smartphone giant Apple Inc.'s electric vehicles product, according to media reports.

The joint venture between LG Electronics Inc. and Canadian auto parts maker Magna International Inc. announced on Wednesday that it will develop powertrain products and major components for the electric car (EV).

In April, the Korean Times reported that Apple planned to work with LG-Magna joint venture, which would be responsible for the production of the "Apple Car".

According to the report, Apple does not seem to have a problem with the joint venture, even though it does not have much capacity.

According to the report, Apple does not seem to have a problem with the joint venture, even though it does not have much capacity.

Some analysts say that it can indirectly show that Apple does not intend to mass produce electric cars in the initial stage, and the role of the first generation of the "Apple Car" lies more in testing the market.