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Home » Technology » Electric vehicle company Canoo was negotiated with Apple in early 2020

Electric vehicle company Canoo was negotiated with Apple in early 2020

January 14, 2021

Canoo

Rumors that Apple was working on a self-driving vehicle come and go for the seasons. About 2 years ago, all the rumors pointed to Apple being in the middle of the design process. However, shortly after, other rumors suggested that Apple had decided focus your efforts on other projects.

These projects were also related to vehicles, specifically to an autonomous driving system to sell to vehicle manufacturers. In recent months, these rumors have resurfaced, but it remains unclear whether Apple’s idea is build an autonomous vehicle or a driving system for these types of vehicles.

Be that as it may, the latest news related to Apple’s autonomous vehicles can be found at The Verge. According to this medium, Apple met with the Canoo company in early 2020 to discuss from a possible acquisition to an investment in the company.

Finally, the talks with Apple did not come to fruition, but at least, Canoo had the possibility to raise 300 million dollars to finance the production of the only vehicle.

Canoo has created a scalable and modular electric vehicle platform with a design that rewards the interior space of the passenger compartment and is focused on the end user. The Verge contacted this company, but their response was the same they got from Apple: they do not comment on the strategies, relationships and partnerships in which they work.

Partnership with Hyundai

In February 2020, Canoo announced an agreement with Hyndai and Kia for the development of a new platform for electric vehicles. A few days ago, it was precisely announced that Apple had reached an agreement with Hyundai to take over the manufacturing of the Apple Car.


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