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Apple will invest US$3.6 billion in Kia Motors to build an Apple Car, report says

today3 February 2021

Background


Apple is investing 4 trillion won (US$3.6 billion) in Kia Motors in a collaboration to built an electric car.

This is according to a report by Korean outlet DongA Ilbo (via Bloomberg), which claims a deal may get inked on February 17. According to the report, the plan is to launch the Apple Car in 2024, with an initial target of producing 100,000 cars per year. This can later be expanded to 400,000 units, the report claims.

Apple’s funds will be used to build exclusive facilities for…

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Written by: Stan Schroeder


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IKEA and ASUS ROG’s gaming furniture line launches in China, and it looks pretty slick

Back in September 2020, IKEA and ASUS Republic of Gamers (ROG) announced a joint collaboration to develop a line of gaming-oriented furniture bearing respectable build quality and reasonable prices, with the release projected to be in early 2021 starting with the Chinese market. And now, those who have been waiting to see the results of the collaboration will be stoked to know that the project has finally launched its first […]

today3 February 2021

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