Apple scales back self-driving car, delays launch to 2026 - Bloomberg News


FILE PHOTO The Apple logo is seen during the preview of the redesigned and reimagined Apple Fifth Avenue store in New York U.S. September 19 2019. REUTERSBrendan McDermidFile Photo

FILE PHOTO: The Apple logo is seen during the preview of the redesigned and reimagined Apple Fifth Avenue store in New York, U.S., September 19, 2019. REUTERS/Brendan McDermid/File Photo

(Reuters) -Apple Inc has scaled back ambitious self-driving plans for its future electric vehicle and postponed the car's target launch date to 2026, Bloomberg News reported on Tuesday, citing people with knowledge of the matter.

The iPhone maker's shares fell 2.4% following the report.

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