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LG & Magna partnership 'very near' to winning 'Apple Car' contract

An LG and Magna partnership is claimed to be “very near to signing contracts” to produce an “Apple Car,” although similar leaks allegedly scuttled previous deals between Apple and other car companies.

EV promotional poster from LG-MagnaEV promotional poster from LG-Magna

Days after quitting the smartphone market to focus on “growth areas such as electric vehicle components,” LG may be doing more than providing EV parts. Reportedly, LG Electronics and Canada’s Magna International are together on the verge of becoming the manufacturers of an Apple EV.

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