December 22, 2020
published at 1:48 AMReuters
The Apple Inc logo is seen hanging at the entrance to the Apple store on 5th Avenue in Manhattan, New York, US, October 16, 2019.
Reuters
Apple Inc is moving forward with self-driving car technology and is targeting 2024 to produce a passenger vehicle that could include its own breakthrough battery technology, people familiar with the matter told Reuters.
The iPhone maker’s automotive efforts, known as Project Titan, have proceeded unevenly since 2014 when it first started to design its own vehicle from scratch. At one point, Apple drew back the effort to focus on software and reassessed its goals. Doug Field, an Apple veteran who had worked at Tesla Inc, returned to oversee the project in 2018 and laid off 190 people from the team in 2019.
Elon Musk tweeted on Tuesday that he had approached Apple to sell Tesla
Musk said that Tim Cook, Apple CEO, refused to meet him to discuss the sale
At the time the company was in trouble with the problematic Model 3
Tesla is now worth $600 billion and is the world s most valuable car company
Apple has been said to be working on its own electric car since 2014
On Monday Reuters reported details of how the car would work
Apple is targeting 2024 for its first car
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Last Updated: Dec 22, 2020, 10:29 AM IST
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Reuters
Central to Apple s strategy is a new battery design that could radically reduce the cost of batteries and increase the vehicle s range, according to a third person who has seen Apple s battery design.
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Apple Inc is moving forward with self-driving car technology and is targeting 2024 to produce a passenger vehicle that could include its own breakthrough battery technology, people familiar with the matter told Reuters.
The iPhone maker s automotive efforts, known as Project Titan, have proceeded unevenly since 2014 when it first started to design its own vehicle from scratch. At one point, Apple drew back the effort to focus on software and reassessed its goals. Doug Field, an Apple veteran who had worked at Tesla Inc , returned to oversee the project in 2018 and laid off 190 people from the team in 2019.
Elon Musk tweeted that Teslas self-driving cars would cost more after July
Apple Inc planning to produce an autonomous passenger vehicle by 2024, according to the latest reports. The move will lead to intense competition in the self driving car market. Reuters reported that Apple will use its breakthrough battery technology in the self driving car.
The iPhone maker started work on the autonomous car project, known as Project Titan, in 2014. The Project, which was shelved temporarily, was brought back to life again in 2018.
Central to Apple s strategy is a new battery design that could radically reduce the cost of batteries and increase the vehicle s range, the report said, citing people who have seen the design of Apple s battery.
CUPERTINO, Calif. (Reuters) Apple is moving forward with self-driving car technology and is targeting 2024 to produce a passenger vehicle that could include its own breakthrough battery technology, people familiar with the matter told Reuters.
The iPhone maker s automotive efforts, known as Project Titan, have proceeded unevenly since 2014 when it first started to design its own vehicle from scratch. At one point, Apple drew back the effort to focus on software and reassessed its goals. Doug Field, an Apple veteran who had worked at Tesla Inc., returned to oversee the project in 2018 and laid off 190 people from the team in 2019.
Since then, Apple has progressed enough that it now aims to build a vehicle for consumers, two people familiar with the effort said, asking not to be named because Apple s plans are not public. Apple s goal of building a personal vehicle for the mass market contrasts with rivals such as Alphabet Inc. s Waymo, which has built robo-taxis to carry passenger