Apple's massive cash reserve, talent pipeline, and history of innovative tech will be key in its quest to build an electric car, experts say

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Apple would have 5 key advantages in building a car, according to Wall Street analysts. The real question is who will actually build it.
Apple would have 5 key advantages in building a car, according to Wall Street analysts. The real question is who will actually build it.
Tim LevinDec 23, 2020, 04:01 IST
Apple's nearly $200 billion in cash on hand could be a massive help in getting its EV project off the ground, Wall Street analysts said.Karl Mondon/Digital First Media/The Mercury News via Getty Images
Apple plans to build an electric, self-driving vehicle for consumers by 2024, Reuters reported Monday.
Wall Street analysts from Morgan Stanley and RBC Capital Markets think Apple has several key attributes that could set it up for a successful vehicle launch.

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