Apple reportedly cancels their electric car project

[britporn_mike]

The EV market is slowing down, it is obvious to me.


"Apple has reportedly cancelled its plans to build electric vehicles (EV) a decade after the iPhone maker was rumoured to be working on the project.

The firm has never publicly acknowledged the project, which involves around two thousand people.

Many employees from the project will be moved to the iPhone maker's artificial intelligence (AI) division, according to Bloomberg News.

Apple did not immediately respond to a BBC request for a comment.

The Apple car team was reportedly known as the Special Projects Group as part of its chief executive Tim Cook's Project Titan.

As it spent billions of dollars on research and development, the company was initially rumoured to be working on a fully autonomous vehicle without a steering wheel and pedals."

Story in full can be read here >>>



https://www.bbc.com/news/business-68420817

[jag]

Further down in that link it says.

In recent months, US motor industry giants Ford and General Motors have postponed plans to expand EV production.

"Last week, electric truck maker Rivian announced it would cut its workforce by 10% and said it did not expect any growth in its production this year.

In January, Tesla warned that its sales growth would be weaker this year than in 2023.

The company, which is led by multi-billionaire Elon Musk, has been cutting prices in key markets around the world, including Europe and China, as it faces tough competition from Chinese rivals such as BYD."


This is what I have read elsewhere, EV sales are slowing down.

[viking]

They must have seen what is happening to EV’s from GM Ford and Tesla and said forget about this bad idea

[fappmaster]

Building cars is not the same as building phones.

[tacnet]

This is happening across the world because a lot of countries have slipped their carbon neutral date back from 2030 to 2035

Its only a temporary pause. EVs WILL happen whether you want it to or not

[Wm2man]

This is happening across the world because a lot of countries have slipped their carbon neutral date back from 2030 to 2035

Its only a temporary pause. EVs WILL happen whether you want it to or not

They did that since no one wanted to pay 30-40% more for an EV, have big depreciation and lousy range on their cars.

[TheButcher]

It is a big leap form Ipads, Iphone, Iwatches to Icars

[tacnet]

This is happening across the world because a lot of countries have slipped their carbon neutral date back from 2030 to 2035

Its only a temporary pause. EVs WILL happen whether you want it to or not

They did that since no one wanted to pay 30-40% more for an EV, have big depreciation and lousy range on their cars.

No they moved the date back not just for EVs but for the whole country being carbon neutral because they realised they couldn't do it all in time. The science hasnt changed so its going to happen one way or another

I get around 200 miles for about £17.00 ($21.00)

[BrasSmonkey]

cancel is a bit extreme... it needs to be phased in! they are rushing it. well they can't. the hybrid (ev and fuel) is a good idea. now they need a good clean fuel to replace fossil fuel... it can be done... it won't be in our lifetime....

[BrasSmonkey]

who has the best program???? for ev....

[GlennfromLA]

who has the best program???? for ev....

What do you mean with program

[BrasSmonkey]

who has the best program???? for ev....

What do you mean with program

Electric Vehicle (EV) Pilot Programs

[tacnet]

cancel is a bit extreme... it needs to be phased in! they are rushing it. well they can't. the hybrid (ev and fuel) is a good idea. now they need a good clean fuel to replace fossil fuel... it can be done... it won't be in our lifetime....

WOW....you've changed your tune

You've always said fossil fuels are NOT the cause of global warming LOL

[BrasSmonkey]

cancel is a bit extreme... it needs to be phased in! they are rushing it. well they can't. the hybrid (ev and fuel) is a good idea. now they need a good clean fuel to replace fossil fuel... it can be done... it won't be in our lifetime....

WOW....you've changed your tune

You've always said fossil fuels are NOT the cause of global warming LOL

im not saying it's the cause... ev will not be in out time. it takes too much to make them also...

[Dorman]

If the EV markets heats up they will start up the project