Apple (AAPL) reportedly cancels work on electric car, refocuses team on generative AI project
The Apple company has spent years behind the scenes developing concepts and speaking with auto makers about collaboration.
Surprising news has come out of Apple this week as it seems that the massive tech firm is scrapping plans to produce an electric car after about ten years of behind-the-scenes work. Now, with said electric car project supposedly canceled, Apple will turn its attention towards generative AI as the company redirects its staff towards a new project.
Apple’s alleged cancellation of its electric car plans comes from a report by Bloomberg, “according to people with knowledge of the matter.” Reportedly, the decision was shared by Chief Operating Officer Jeff Williams and Apple VP of Technology Kevin Lynch with the 2,000 employees that had been working on the project. The staff will be transitioned into work on a new generative AI project under the leadership of Senior Vice President of Machine Learning and AI Strategy John Giannandrea. However, it’s also been mentioned that there will likely be layoffs to the team for those unable to be slotted into other Apple teams or departments.
The Apple Car project may have started as far back as 2014 when the company sought to build a model of vehicle that might directly compete with Tesla’s projects. Over the years since, Apple has spoken with multiple automakers. However, the company also ran into plenty of roadblocks along the way. There were promising rumors that Apple might release its car by 2025. Unfortunately, earlier this year, Apple also reportedly punted a possible release date for the project back to 2028.
Unfortunately for the Apple Car project, AI has become a far bigger priority within the tech industry and Apple is moving along with the trends and race to keep up with other firms making developments and innovations in the artificial intelligence sector. It’s a shame that the Apple Car will seemingly never see the light of day, but stay tuned as we continue to follow this topic for further updates.
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TJ Denzer posted a new article, Apple (AAPL) reportedly cancels work on electric car, refocuses team on generative AI project
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dunno anything about the company but BYD is rising fast
https://twitter.com/chartrdaily/status/1710324520463032427
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I have my doubts that a Chinese EV maker is going to be much competition in the luxury car market, despite the real competition in China.
Apple was the perfect brand to topple Tesla. Apple fans are dumb enough to overpay for anything with that logo on it, and the company had the cash to actually compete on the supply chain front.
Tesla has a widening manufacturing advantage in North America when it comes to pack, cell, and EV capacity.
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I just don’t think it’s going to work. Apple CarPlay is just better than the alternatives and a whole lot of consumers recognize that.
If GM were serious, they’d be building a package that’s so competitive that they wouldn’t need to kill ACP, but obviously they’re not. I would never consider a GM car until they put it back, and honestly I’m mystified why anybody would.
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I’d insist on CarPlay as long as car interfaces look like this https://www.threads.net/@dantley/post/C31jNH3rbvj/
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