Apple To Begin Production Of Its First Electric Vehicle In 2024

Rumors that Apple plans to enter the automotive market with its first electric car have been around for years. However, so far we have not received a single official confirmation from Apple. This, however, does not prevent sources from leaking information about the development of the first Apple car. So, on Monday, December 21, sources of the authoritative news agency Reuters announced the timing of the start of mass production of the so-called Apple Car.

According to Reuters, Apple plans to begin production of its first electric self-driving car in four years, in 2024. Allegedly, the company is now developing a new battery design that will “radically” reduce the cost of batteries and at the same time increase the range of an electric vehicle without recharging. Sources believe Apple’s new technology will take the electric vehicle market to the next level, similar to what happened to the smartphone market when the iPhone was first introduced.

It is noted that Apple will need to create a completely new supply chain to manufacture the car. It will be assembled by a partner from among the automakers, although the sources do not specify who exactly. Engaged third-party Apple to create many components for the electric vehicle, including LiDAR sensors, with which it will be equipped on all sides.

Reuters notes that years will pass before Apple begins production of Apple Car, and it is possible that in the end the company will decide to end the project, releasing instead of a full-fledged electric vehicle a self-driving control system for cars of other brands.

Source: Reuters