RIP Apple Car. This Is Why It Died

  • 📰 WIREDBusiness
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 68%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Any tech company moving into the auto space needs a manufacturing partner. But the Apple's EV died as it lived: alone.

After a decade of rumors, secretive developments, executive entrances and exits, and pivots, Apple reportedly told employees yesterday that its car project, internally called “Project Titan,” is no more. Those working on the technology of some four-odd hype cycles ago—electric, autonomous vehicles—will reportedly now focus on the vaunted advancement of the day, generative AI.

Telecoms giant Huawei and manufacturer Chery Automobile unveiled an electric car last November under the new brand Luxeed. All these firms seek to capitalize on what Apple recognized a decade ago: The software and connectivity now built in to new autos gave tech incumbents a jump on traditional auto-builders. But those advantages haven’t always proven out. Project Titan had plenty of other challenges.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 68. in BUSİNESS

Business Business Latest News, Business Business Headlines