Apple has decided, in cooperation with Kia Motors, to produce electric cars with an investment of $ 3.6 billion.
According to Arabiya Net, Apple is planning to start production with Kia for Apple cars, at an auto-manufacturing facility in Georgia in the United States.
The agreement is expected to be signed on February 17th, and for Apple cars to be marketed in 2024 with the aim of selling 100,000 cars annually as a first step.
In addition, the European Union is seeking to overturn a ruling in favor of Apple in a tax dispute worth 13 billion euros (15.8 billion dollars), saying that the judges used contradictory thinking when They find that the company's Irish units are not responsible for massive payments.
The summary of the appeal, published Monday, shows the European Union's determination to challenge the court's decisive ruling in July, as the court's decision was a dramatic setback to Commissioner Margaret Vestger's investigation into the verdicts National Tax Service which it says was an illegal subsidy for some large multinational corporations.
slapping Apple with a billions of dollars claim in 2016 was a landmark case for Vista, as it showed that it was not afraid to upset the world's most valuable tech company or the US Treasury However, it helped push the European Union to fill the tax loopholes that allowed some multinational companies to legally pay lower taxes in Europe, according to Bloomberg and seen by Al Arabiya.net.
