Kuo adds fuel to Apple-Hyundai electric car rumors

Photo by Amelia Holowaty Krales / The Verge

TF Securities analyst Ming-chi Kuo has corroborated reports that Apple and Hyundai are working together on an electric car. In a research note quoted by AppleInsider, Kuo says that Apple’s first car will be based on Hyundai’s E-GMP platform for battery-powered electric vehicles.

The E-GMP platform was announced late last year and is expected to be the basis for Hyundai’s electric cars from this year on. Hyundai claims that E-GMP vehicles can theoretically get over 500km (310 miles) in range on a full charge, with the battery able to reach 80 percent capacity in 18 minutes via fast charging — though individual vehicle performance would of course vary based on design.

Kuo claims that the first Apple car will be produced together with…

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Author: Sam Byford