Exclusive: Apple targets car production by 2024 and eyes 'next level' battery technology - sources


FILE PHOTO: The Apple Inc logo is seen hanging at the entrance to the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar

(Reuters) - Apple Inc is moving forward with self-driving car technology and is targeting 2024 to produce a passenger vehicle that could include its own breakthrough battery technology, people familiar with the matter told Reuters.

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. 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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Amazon Prime Video to exclusively stream two NHL seasons in Canada
T-Mobile to invest $950 million in venture with EQT to buy fiber optic network provider Lumos
Hertz Global eyes worst day on record as EV rental business falters
EU court adviser backs data privacy activist Schrems in Meta fight
Spotify says Apple has rejected its app update with price information for EU users
Amazon to invest $11 billion in Indiana to build data centers
IBM falls as enterprise-spending constraints choke consulting demand
Net neutrality rules to be restored in US agency vote
India's Tech Mahindra misses Q4 revenue view on weak communications segment
Explainer-Where are Wall Street's analyst notes on Trump's Truth Social?

Others Also Read