Apple may have pulled out of Korean auto giants Hyundai and Kia at the last moment in a joint venture for its so-called Apple car project. But Apple still appears to be shooting in South Korea in hopes of making a deal for some of the components of its putative EV that no one knows when will be released.
According to a report in the Korea weather, Apple has contacted many Korean component manufacturers, including LG, SK and Hanwha.
Although Apple is reportedly in consultation with Chinese battery makers such as CATL and BYD for LFP (Lithium Iron Phosphate) batteries, the general rhetoric in the industry is that the Cupertino-based company is looking to have Korean companies as partners. manufacturing for most of the components that would go into his EV.
Korean companies seem eager to go
In the case of its iPhones, iPads and MacBooks, Apple, which does not believe in making them itself, had depended on Chinese and Taiwanese assemblers. But given the escalation of trade between Washington and Beijing, Apple is turning to Korea for its EV project.
Korean companies appear to be looking to break into Chinese hegemony in contract manufacturing.
“Apple officials have traveled to Korea for business talks with Korean partners in the semiconductor and display industries. Korea weather, citing an unidentified senior industry executive directly involved in the issue, said.
The report further states that Apple has had “advanced meetings” with SK Innovation, the electric vehicle battery manufacturing arm of the SK Group, and LG Electronics.
Both companies already have or are in the process of having a battery plant in the United States. Another Korean giant Samsung is also planning to create a battery unit in America.
All things considered, although Apple is looking for a non-heating battery. But competition for this deal is intensifying among Korean companies.