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Apple targets car production by 2024, eyes next level battery technology
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Apple targets car production by 2024 and eyes next level battery technology: report - World
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Apple plans to make cars by 2020, may include its own battery tech: Report
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December 22, 2020 | 3:39 pm Advertisement
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Making a vehicle represents a supply chain challenge even for Apple, a company with deep pockets that makes hundreds of millions of electronics products each year with parts from around the world, but has never made a car.
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 makerâs 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.
Apple targets car production by 2024 and eyes next level battery technology, sources say
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.
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Making a vehicle represents a supply chain challenge, even for a company with deep pockets like Apple
Thomson Reuters ·
Posted: Dec 22, 2020 9:58 AM ET | Last Updated: December 22, 2020
Best known for its iPhones and Mac computers, Apple is said to be looking at a move into the car industry.(Mike Segar/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.