Apple Car, Cupertino seeks partners in South Korea: negotiations with LG and SK Innovation

Let's talk about the Apple Car project again. According to a report by the Korea Times, the company has taken new steps forward as it made contact with some Korean manufacturers of components for electric cars . In particular, a team of employees from Cupertino would have traveled to South Korea to discuss with SK Innovation , a manufacturer of batteries and LG which recently set up a joint venture with Magna for the production of electric car components.

In this regard it must be said that in the past it was already; speculated that Apple was intent on signing an agreement with this joint venture for the production of its self-driving electric cars. The discussions would still be in the early stages. Obviously, there is no confirmation from the parties involved on these rumors. To carry out its project, Cupertino needs to find partners and suppliers and therefore it would not be at all strange that it is discussing with these companies.

LFP BATTERIES

Apple is reportedly willing to use cells of the LFP (lithium iron phosphate) type which cost less, are safe and offer good reliability; in time. On the other hand, & quot; suffer & quot; low temperatures and have a high density; lower energy. In the LFP battery industry, Chinese companies hold the monopoly or nearly so. The analysts' opinion was that Apple should have turned to these realities; for his cars. However, Korean manufacturers could benefit from the trade conflicts between America and China .

US President Joe Biden is moving to & quot; revitalize & quot; the capacity production and create new jobs in green companies, especially in those dealing with electric vehicles. Since & eacute; President Biden plans to offer various concessions for companies and customers on electric cars produced in America, & egrave; essential for automakers to create production lines in the United States . LG Energy Solution and SK Innovation are already operating; on American territory or are building battery production plants in the USA.

Indeed, when speculation about possible battery agreements with CATL or BYD (Chinese companies), it emerged that one of the requests of Apple was to get to build the accumulators on American soil. Obviously, like all reports, this too must be taken with due caution. Since we are talking about Apple Car of which we & egrave; really said of everything in recent months, this information must be taken with even more; caution.

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