Apple targets car production by 2024, eyes next level battery technology

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Exclusive: Apple targets car production by 2024, eyes next level battery technology
Exclusive: Apple targets car production by 2024, eyes next level battery technology

 

Apple targets car production  by 2024, eyes next level battery technology

Apple Inc is moving forward with self-driving technology and is targeting 2024 to produce a passenger vehicle that could include its own breakthrough battery technology.

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, people familiar with the matter told Reuters.
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’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 passengers for a driverless ride-hailing service.

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.
Apple declined to comment on its plans or future products.

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