The past six years of speculation around the so-called Apple Car have been a rollercoaster ride. First, Apple reportedly built a car. Then the company didn’t build a car, just the guts of a car. Sources recently told CNBC that Apple will produce a self-driving car with Hyundai and Kia in Georgia. Now that might come true.
Apple is one of the most valuable companies in the world, and it could become immensely more valuable if it can jump into cars – the global auto and mobility market is worth about $ 10 trillion compared to the $ 715 billion smartphone market, according to Mordor. Intelligence.
Apple did not respond to a request for comment.
Watch CNBC dive deep into the Apple Car to learn more.