Apple and the Auto Industry
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- Apple was already making serious auto industry in-roads but has never publicly admitted that it is working on a car.[1]
- The Wall Street Journal said Apple sought to “control every aspect of the user experience” and changed entire markets when it rolled out the iPhone and iTunes.[2]
- Apple’s mysterious plans could mean it was working on a car, tech platform, or mobility service, but as of Spring 2021, Bloomberg reported Apple prioritized plans for the “Apple Car.”
- In 2014, Apple began working on “Project Titan,” with 1,000+ employees developing an electric vehicle at a secret location near its headquarters. In early 2021, Apple was in talks with Hyundai and Nissan over a vehicle, but both talks broke down, with the Nissan talks falling through after Apple wanted Apple-branded vehicles, effectively downgrading Nissan to a supplier. Apple has laid the groundwork to move into the auto industry, including 2014 CarPlay rollout, 2019 autonomous vehicle company Drive.ai acquisition, and a 2020 patent for vehicle alerts. Apple supplier Foxconn was even building out its own auto-making capabilities and in March 2021, it raised the possibility of manufacturing an EV and hinted at additional partnerships with U.S. companies into the auto industry.[3]
- ↑ https://www.wsj.com/articles/apple-shuts-some-elements-of-electric-self-driving-car-project-lays-off-workers-1473475712?mod=article_inline
- ↑ https://www.wsj.com/articles/apple-and-the-end-of-the-car-as-we-know-it-11621656010?mod=article_inline
- ↑ https://www.theverge.com/2019/6/25/18758820/drive-ai-self-driving-startup-shutting-down-apple
