CNBC: Apple and Hyundai nearing Apple Car deal, first version will ‘not be designed to have a driver’

Following an earlier report today from the Korean newspaper DongA, CNBC now corroborates the partnership between Apple and Hyundai/Kia Motors. According to the new report, both companies are close to finalizing a big deal that will lead to the manufacture of the long-rumored “Apple Car.”

Last month, Hyundai Motor confirmed that the company was in talks with Apple, although it did not reveal the reasons behind it. At that time, rumors suggested that Kia Motors — which is owned by Hyundai — would help Apple manufacture the first Apple Car.

A new report from CNBC says the Apple Car will be manufactured at a Kia facility in West Point, Georgia. Apple and Hyundai are close to sealing a deal, which could be worth about $3.6 billion, according to a Korean newspaper. If the rumors are right, the production of Apple’s first electric vehicle will begin in 2024.


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Tesla Drops Standard-Range Model Y, Cuts Price on Long-Range AWD Version

2020 tesla model y long range

Marc UrbanoCar and Driver

  • Tesla’s CEO announces that the standard-range Model Y has been canceled due to disappointing range of less than 250 miles.
  • Musk also announced that the all-wheel-drive long-range Model Y is getting a $3000 price cut.
  • The Model Y shakeup was followed by news that the Tesla stock price has once again shot up, making it worth $321 billion.

    Tesla has long prided itself on its ability to produce cars with impressive range numbers. Turns out, if an upcoming vehicle can’t get more than 250 miles on a charge, it gets the ax.

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    Over the weekend Tesla CEO Elon Musk shared the news (via Twitter, as he generally does) that the standard-range Model Y was

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    2021 Audi A7 Gets a More Powerful 362-HP Plug-In-Hybrid Version

    • The 2021 Audi A7 55 TFSI e is the plug-in-hybrid version of the A7, being offered for the first time.
    • The plug-in A7 is equipped with a 14.1-kWh battery paired with a 2.0-liter four-cylinder for a combined 362 horsepower and 369 lb-ft of torque.
    • The plug-in A7 will go on sale this fall, priced starting at $75,895.

      Audi revealed early last year that it was going to add a plug-in-hybrid option to several of its vehicles in the U.S.—including the Q5 and A8—but it had kept us waiting on the A7. The German automaker has now divulged that the plug-in-hybrid A7 will be a 2021 model in the U.S., and it’ll qualify for federal tax subsidies.

      The A7 55 TFSI e churns out 362 horsepower and 369 lb-ft of torque from its electric motor and turbocharged 2.0-liter four-cylinder, which is 27 horsepower more and the same amount of torque compared

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