Apple May Have Found New Partners for Its EV Project

“Hearst Magazines and Verizon Media may earn commission or revenue on some items through the links below.”

• New reports have emerged about Apple's long-rumored self-driving car. Earlier this year, Apple was said to be in talks with Hyundai-Kia to partner on a self-driving car, but the talks fell apart.

• The new rumors say Apple is close to signing a deal in which it would partner with Canadian manufacturer Magna International to build an EV powered by LG-supplied batteries and running on Apple software.

• So far none of the companies involved have commented on the reported negotiations, so there's no guarantee that this deal will be finalized or that it will result in a physical car.

A report in the Korea Times today suggests that Apple has still not given up on its dreams of building (or at least selling) a self-driving electric vehicle. The first rumors that Apple was working on its own car surfaced in 2014. Since then, the company seems to have focused its car-related ambitions on the development of self-driving software, which would be used in a vehicle built by a partner company with expertise in vehicle manufacturing. Earlier this year, negotiations on the project between Apple and Hyundai-Kia fell through. But now, Apple may have found new targets in LG and Magna International.