The report also said under the Apple-Hyundai deal, the firms have planned to release a "beta version" of the upcoming Apple vehicle by as early as next year.
Further, Hyundai also went on to say that it has received requests for potential cooperation from several firms on making self-driving EVs. Following the revelation, Hyundai Motor Group reportedly disclosed that it is in talks with the Cupertino giant to produce its first EV.
We should note that an updated version of the Korea IT report fails to mention the agreement signing timeframe or the production location, so take everything with a grain of salt.
This is obviously a prototype prepared by Apple and Hyundai in an attempt to test the technology supposed to power the production model, though it remains to be seen if the two want to do the whole thing publicly or keep everything away from our eyes and ears.
According to news agency Reuters, before Hyundai amended their comments, had said that the companies planned to build the cars at Kia Motors' factory in Georgia, or invest jointly in a new factory in the United States to produce 1,00,000 vehicles by around 2024.
The same report claimed that the Korean carmaker and Apple planned to release a "beta version" of the Apple cars sometime next year.
Reuters reported last month that Apple was moving forward with autonomous auto technology and was aiming to produce a passenger vehicle that could include its own breakthrough battery technology as early as 2024. Only the headline has been changed.