Apple plans to create its own electric car by 2024, but may shift the deadline by year due to the coronavirus pandemic, reports Reuters citing informed sources.
The cars of the Titan project, launched by the company back in 2014, will feature a new “breakthrough” battery technology. The agency’s sources argue that the new battery design could “radically” reduce the cost of batteries and increase the vehicle’s range. Apple is trying to improve its lithium iron phosphate battery technology, according to the source.
One of the sources also assures that the company is preparing to demonstrate the next level of technology: “Like the first time you saw an iPhone,” he compared. Presumably, after the launch of the conveyor, the company’s plant will produce more than 100 thousand electric vehicles per year.
It is noted that a step forward for the project was the return in 2018 to the leading position of Apple veteran Doug Field, who previously worked at Tesla Inc.
December 21 it was reported that Apple may present its own electric car in the next year. An Economic Daily source noted that Taiwanese manufacturers (Heda, BizLink-KY, Heqin and Tomita) are set to ramp up production of electric vehicle components in the second quarter of 2021. According to preliminary data, these companies will become suppliers of parts for Apple Car.