logo

Apple's Electric Car Could Debut As Soon As 2025: Report

car&bike Team
car&bike Team
1 mins read
2021-11-19 16:01:47
Article Image
Key Highlights

    Apple Inc is pushing to launch its electric car as early as 2025 and refocusing the project around full self-driving capabilities, Bloomberg News reported on Thursday, citing people familiar with the matter. The iPhone maker's shares rose nearly 3% to hit a new record following the report. Apple's ideal car would have no steering wheel and pedals, with interiors designed around hands-off driving, the report said.

    The company's automotive efforts, known as Project Titan, have proceeded unevenly since 2014 when it first started to design a vehicle from scratch. Demand for electric vehicles has surged as countries and customers turn more environment conscious, propelling the market value of companies such as Tesla and Rivian far above traditional carmakers around for decades longer.

    8j7fbq98

    Apple's automotive efforts, known as Project Titan, have proceeded unevenly since 2014 when it first started to design a vehicle from scratch

    "It's a matter of when, not if," Wedbush analyst Dan Ives said, adding that chances of Apple unveiling its own standalone car by 2025 as 60% to 65%. The Bloomberg report said some people working on the project were skeptical about the timeline even with recent progress, which includes the car's underlying self-driving system, processor chips and advanced sensors. Apple declined to comment on the report.

    Reuters had reported in December that Apple was targeting 2024 to produce a passenger vehicle that could include its own breakthrough battery technology. Meanwhile, The Information, citing a memo, reported that Apple was preparing to bring back employees to offices starting Feb. 1 and will let staff work for up to four weeks remotely each year.

    (This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

    Latest Cars

    • Maruti Suzuki Victoris
      Maruti Suzuki
      Victoris
      Expected Price
      ₹‚¹ 10.5 - 19.99 Lakh
    • VinFast VF6
      VinFast
      VF6
      Expected Price
      ₹‚¹ 16.49 - 18.29 Lakh
    • VinFast VF7
      VinFast
      VF7
      Expected Price
      ₹‚¹ 20.89 - 25.49 Lakh
    • Citroen Basalt X
      Citroen
      Basalt X
      Expected Price
      ₹‚¹ 7.95 - 11.63 Lakh
    • Mercedes-AMG CLE 53
      Mercedes-AMG
      CLE 53
      Expected Price
      ₹‚¹ 1.35 Crore
    • Renault Triber
      Renault
      Triber
      Expected Price
      ₹‚¹ 6.3 - 9.4 Lakh
    • MG M9 EV
      MG
      M9 EV
      Expected Price
      ₹‚¹ 69.9 Lakh
    • BMW 2 Series Gran Coupe
      BMW
      2 Series Gran Coupe
      Expected Price
      ₹‚¹ 45.3 - 47.2 Lakh
    • Kia Carens Clavis EV
      Kia
      Carens Clavis EV
      Expected Price
      ₹‚¹ 17.99 - 24.49 Lakh
    • Tesla Model Y
      Tesla
      Model Y
      Expected Price
      ₹‚¹ 59.89 - 67.89 Lakh

    Upcoming Cars

    Latest News

    View All