(Bloomberg) Apple Inc. is canceling a decadelong effort to build an electric car, according to people with knowledge of the matter, abandoning one of the most ambitious projects in the history of the company.Most Read from BloombergApple to Wind Down Electric Car Effort After Decadelong OdysseyA Spike in Heart Disease Deaths Since Covid Is Puzzling ScientistsOffice Tower Deal for $1 Reveals Anxiety Among Longtime BuyersNigeria Delivers Jumbo Rate Hike to Aid Its Battered NairaTreasuries Mixed
(CTN News) - Apple has canceled its electric car project, according to Bloomberg. Apple COO Jeff Williams and Kevin Lynch, who led the project since 2021,
According to Bloomberg, Apple is closing down Project Titan, its self-driving electric vehicle project. The project had been in the works for the better part of the last decade.