Apple Cancels Electric Car Project Titan, marking a significant shift in the tech giant’s automotive ambitions. After years of development and investment, the project, codenamed Titan, was ultimately abandoned, leaving many wondering about the future of Apple’s involvement in the automotive industry. This decision was driven by a complex interplay of factors, including technological challenges, manufacturing hurdles, and intense competition within the rapidly evolving electric vehicle market.
The project’s history is marked by both ambition and setbacks. Apple initially aimed to create a fully autonomous electric car, drawing upon its expertise in software, design, and hardware. However, the development process proved to be more challenging than anticipated, facing issues with battery technology, production costs, and the complexity of integrating autonomous driving systems. The project went through various iterations, with changes in leadership and strategic direction, ultimately leading to its cancellation.
Project Titan’s History
Apple’s Project Titan, the company’s ambitious foray into the electric vehicle market, was a journey marked by both high hopes and eventual setbacks. While the project never saw the light of day as a fully realized car, its history offers valuable insights into Apple’s strategic thinking and the challenges of entering a highly competitive industry.
Project Timeline and Key Milestones
Project Titan’s timeline can be divided into distinct phases, each characterized by specific milestones and personnel changes:
- Early Stages (2014-2016): Apple’s initial foray into the automotive space began in 2014, with the formation of a small team under the leadership of Steve Zadesky, a former Ford engineer. The focus during this period was on exploring the possibilities of electric vehicles and developing a core team of engineers and designers.
- Expansion and Ambitions (2016-2018): The project expanded significantly, with Apple hiring hundreds of engineers and specialists across various disciplines. The company reportedly aimed to develop a fully autonomous electric vehicle, leveraging its expertise in software, hardware, and user experience.
- Shift in Strategy (2018-2022): Facing challenges in developing its own car platform and a changing market landscape, Apple shifted its focus towards developing autonomous driving technology. The company partnered with automotive manufacturers like Volkswagen and Hyundai to integrate its technology into existing car models.
- Cancellation and Legacy (2022-Present): Despite its initial ambitions, Apple ultimately decided to cancel its Project Titan car project in 2022. The company’s focus remains on developing autonomous driving technology, with the aim of potentially licensing it to other automotive companies.
Reasons for Cancellation: Apple Cancels Electric Car Project Titan
Project Titan, Apple’s ambitious foray into the electric vehicle market, was ultimately abandoned in 2022. The decision to cancel the project was a significant one, reflecting a complex interplay of factors, including technological hurdles, manufacturing challenges, and fierce competition in the rapidly evolving automotive industry.
While Apple initially aimed to develop a fully autonomous electric vehicle, the complexities and delays encountered in achieving this goal, coupled with the increasing pressure from established automakers and tech giants, led to a strategic shift.
Technological Hurdles
Apple faced significant challenges in developing the advanced technology required for its autonomous electric vehicle. The company’s expertise in consumer electronics did not readily translate to the demanding requirements of automotive engineering.
- Self-driving technology: Developing a reliable and safe self-driving system proved to be a major obstacle. The complex algorithms, sensor fusion, and real-world testing required extensive resources and time. Apple’s progress in this area was reportedly slower than expected, facing challenges in areas like perception, decision-making, and navigation.
- Battery technology: The development of high-performance, long-lasting batteries for electric vehicles is crucial. Apple encountered difficulties in achieving the desired range and charging times for its vehicle, especially considering the company’s ambitious goals for battery life and performance.
- Software integration: Integrating Apple’s proprietary software ecosystem, including its operating system, into a complex automotive platform was a major undertaking. The company faced challenges in ensuring seamless integration and compatibility with various automotive components and systems.
Manufacturing Challenges
Apple’s decision to build its own vehicles from scratch presented substantial manufacturing challenges. The company lacked the established automotive supply chains and manufacturing expertise of traditional carmakers.
- Scale and infrastructure: Producing vehicles at the scale required to compete in the automotive market necessitates a robust manufacturing infrastructure. Apple would have needed to invest heavily in factories, assembly lines, and supply chains, which would have been a significant financial undertaking.
- Partnering with existing manufacturers: Partnering with established automakers for manufacturing would have presented its own challenges, including potential conflicts over control, intellectual property, and branding.
Competition
The automotive industry is fiercely competitive, with established players like Tesla, Toyota, and Volkswagen, as well as new entrants like Rivian and Lucid Motors, vying for market share. Apple faced a significant challenge in competing with these established and well-funded players, particularly in terms of production capacity, distribution networks, and brand recognition.
Impact on Apple’s Strategy
The cancellation of Project Titan had a significant impact on Apple’s overall strategy, potentially affecting its future plans and direction. The decision to abandon the electric car project raises questions about Apple’s commitment to hardware innovation, its focus on software and services, and its ability to compete in emerging markets.
Potential Implications for Apple’s Focus on Software, Services, and Hardware Innovation
The cancellation of Project Titan suggests a shift in Apple’s priorities, potentially signaling a renewed focus on its core strengths: software, services, and existing hardware products. This shift could manifest in several ways:
* Increased Investment in Software and Services: Apple could prioritize investments in its software and services ecosystem, aiming to expand its offerings and enhance user experience. This could include developing new apps, improving existing platforms, and exploring subscription-based models for software and services.
* Focus on Existing Hardware Products: Apple might concentrate on refining and expanding its existing hardware product lines, such as iPhones, Macs, and wearables. This could involve introducing new features, improving performance, and exploring new form factors to cater to evolving consumer needs.
* Strategic Partnerships and Acquisitions: To maintain its competitive edge, Apple could engage in strategic partnerships or acquisitions in areas related to software, services, and hardware. This could involve collaborating with other companies to develop new technologies or acquiring promising startups to bolster its existing capabilities.
“The decision to cancel Project Titan could signal a shift in Apple’s priorities, with a renewed focus on software, services, and its core hardware products.”
Industry Implications
Apple’s decision to abandon Project Titan sent shockwaves through the automotive industry, raising questions about the future of tech companies’ involvement in car manufacturing. The move highlights the complexities and challenges of entering a highly competitive and established market.
Impact on the Competitive Landscape
Apple’s exit from the electric car market significantly impacts the competitive landscape. While Apple’s entry was anticipated to disrupt the industry, its withdrawal creates a void that other players can fill. The following are key implications:
- Increased Competition: With Apple out of the picture, existing players like Tesla, Volkswagen, and General Motors are now less pressured to accelerate their electric vehicle (EV) development and adoption. This creates a more open playing field for traditional automakers to innovate and compete in the EV market.
- Opportunity for Smaller Players: Apple’s departure creates an opportunity for smaller, more agile companies to gain traction in the EV market. Startups like Rivian and Lucid Motors, already making strides in the EV space, could capitalize on Apple’s absence.
- Shift in Focus: The focus of the automotive industry may shift towards developing software and technology that enhance the driving experience. Apple’s expertise in software and user experience could have potentially revolutionized the in-car experience. However, with Apple’s withdrawal, other tech companies like Google and Amazon might intensify their efforts in this area.
Future of the Automotive Industry
Apple’s exit from the electric car market signifies a potential shift in the future of the automotive industry. The industry is becoming increasingly reliant on technology, and tech companies are playing a more significant role.
- Focus on Software and Connectivity: The future of the automotive industry lies in integrating software and connectivity into vehicles. Companies like Google, Amazon, and others will continue to develop and offer advanced driver-assistance systems (ADAS), infotainment systems, and connected car services.
- Partnerships and Collaboration: The automotive industry will likely see more partnerships and collaborations between tech companies and traditional automakers. These partnerships will enable automakers to leverage the technological expertise of tech companies while providing tech companies with access to the manufacturing and distribution capabilities of automakers.
- Increased Importance of Data: Data will become increasingly important in the automotive industry. Tech companies have a wealth of data on user behavior and preferences, which can be used to develop personalized driving experiences and optimize vehicle performance.
Impact on Other Tech Companies
Apple’s decision to exit the electric car market sends a clear message to other tech companies considering entering the automotive space. The challenges and complexities of entering the automotive industry are significant, and the risks are high.
- Cautious Approach: Other tech companies may adopt a more cautious approach to entering the automotive market. They may choose to focus on developing software and technology for vehicles, rather than attempting to manufacture their own cars.
- Partnerships and Acquisitions: Tech companies may explore partnerships or acquisitions with established automakers to gain access to manufacturing expertise and distribution networks. This approach would allow them to leverage their technological capabilities without taking on the full burden of car manufacturing.
- Focus on Niche Markets: Tech companies may choose to focus on niche markets within the automotive industry, such as autonomous driving, electric vehicle charging infrastructure, or connected car services. This allows them to concentrate their efforts on specific areas where they have a competitive advantage.
Lessons Learned
Project Titan, despite its ultimate cancellation, provided Apple with a wealth of valuable lessons. These insights, both successes and failures, are likely to shape Apple’s future endeavors in the automotive and technology sectors.
Impact of Project Titan on Apple’s Innovation and Product Development
The lessons learned from Project Titan have had a profound impact on Apple’s approach to innovation and product development. This is evident in several key areas:
- Enhanced Understanding of Complex Systems: Project Titan exposed Apple to the intricacies of developing a highly complex product like a car. This experience helped the company gain a deeper understanding of the interconnectedness of various systems, from software and hardware to manufacturing and supply chains. This knowledge is likely to be applied to future projects involving complex systems, such as AR/VR headsets, medical devices, or even future iterations of Apple’s hardware.
- Focus on User Experience and Integration: Apple’s commitment to user experience is a hallmark of its products. Project Titan further reinforced this principle, emphasizing the importance of seamless integration between software and hardware, as well as the user interface. This focus on user experience is likely to be a guiding principle for future Apple products, regardless of the specific category.
- Importance of Strategic Partnerships: Project Titan highlighted the need for strategic partnerships in complex projects. Apple realized that it could not develop a car entirely in-house, and its collaborations with automotive companies and suppliers proved invaluable. This understanding of the value of strategic partnerships is likely to influence Apple’s future collaborations in various fields, including healthcare, entertainment, and smart home technologies.
Future of Apple’s Automotive Involvement
While Apple’s Project Titan may have been put on hold, the company’s interest in the automotive industry remains strong. Apple possesses a unique blend of software expertise, design prowess, and a vast ecosystem of users, making it a formidable player in the evolving automotive landscape.
Potential Future Involvement
Apple’s future involvement in the automotive industry could take various forms. While a fully-fledged electric car might not be on the immediate horizon, the company’s focus could shift towards:
- Autonomous Driving Technology: Apple has invested heavily in autonomous driving technology, with patents and research teams dedicated to developing advanced driver-assistance systems (ADAS) and self-driving capabilities. The company could license its technology to other car manufacturers, creating a revenue stream while avoiding the complexities of manufacturing and distribution.
- Software Solutions: Apple’s strengths lie in software and user experience. It could focus on developing comprehensive software platforms for vehicles, encompassing navigation, entertainment, connectivity, and vehicle management. This could involve partnering with existing car manufacturers to integrate its software into their vehicles, creating a seamless Apple experience for drivers.
- Partnerships: Apple could collaborate with established automotive players, leveraging their expertise in manufacturing, production, and distribution. This could involve joint ventures or strategic partnerships, allowing Apple to tap into existing infrastructure and market access while focusing on its core strengths in software and design.
Potential Re-entry into the Electric Car Market
Although Apple’s initial foray into the electric car market with Project Titan was shelved, the company’s ambition in this area remains. The electric vehicle market is rapidly growing, and Apple’s resources and expertise could be valuable assets.
- Technological Advancements: The advancements in battery technology, autonomous driving, and other key areas could make a future re-entry into the electric car market more viable for Apple. As the technology matures and costs decrease, the company could revisit its plans with a renewed focus.
- Market Dynamics: The electric car market is becoming increasingly competitive, with established players like Tesla and newcomers like Rivian making significant strides. Apple’s potential re-entry would need to address this competition with a compelling product and a strong brand presence.
- Shifting Consumer Preferences: Consumer preferences are shifting towards electric vehicles, driven by environmental concerns and technological advancements. This presents a significant opportunity for Apple to capitalize on this growing market and tap into a new customer base.
Public Perception
Apple’s decision to cancel Project Titan, its ambitious electric car project, sparked a wave of mixed reactions from consumers, investors, and industry experts. While some saw it as a strategic retreat from a challenging market, others viewed it as a missed opportunity for Apple to disrupt the automotive industry.
Consumer Reactions
Consumers’ reactions to the cancellation of Project Titan were largely driven by their perception of Apple’s brand and its ability to innovate. Many were disappointed that Apple would not be entering the electric car market, seeing it as a natural progression for a company known for its cutting-edge technology. However, others were more pragmatic, recognizing the complexities and challenges associated with building a car from scratch. Some consumers expressed concern that Apple’s focus on software and services would be diluted by the demands of a hardware-intensive project like Project Titan.
Investor Reactions
Investors reacted cautiously to the news, with stock prices remaining relatively stable. While some investors saw the cancellation as a positive move, allowing Apple to focus on its core strengths, others were concerned about the potential loss of a long-term growth opportunity. The decision to cancel Project Titan was likely influenced by the high costs and long development cycle associated with building a car. Investors were likely relieved that Apple chose to avoid the financial risks and uncertainties involved in entering the automotive market.
Industry Expert Reactions
Industry experts offered a range of perspectives on Apple’s decision to cancel Project Titan. Some analysts argued that Apple’s entry into the automotive market would have been disruptive, potentially forcing traditional car manufacturers to accelerate their adoption of electric vehicles and autonomous driving technologies. Others believed that Apple lacked the necessary experience and partnerships to compete effectively in the automotive industry. The cancellation was seen by some as a sign that Apple may be shifting its focus to other areas, such as augmented reality or artificial intelligence, where it believes it has a greater competitive advantage.
Technological Advancements
Project Titan’s development was fueled by significant advancements in various technologies, particularly those related to electric vehicle (EV) components, autonomous driving, and software integration. These advancements not only shaped the project’s progress but also influenced the broader automotive landscape.
The integration of these technologies presented both challenges and opportunities for Apple’s foray into the EV market. While the company aimed to leverage its expertise in software and user experience to create a revolutionary automotive product, the complexity and rapid evolution of these technologies posed significant hurdles.
Advancements in Battery Technology, Apple cancels electric car project titan
Battery technology has been a key driver of the EV revolution, and Project Titan was no exception. Apple’s research and development efforts in this area focused on improving battery capacity, charging speed, and overall efficiency.
- Increased Energy Density: Apple sought to develop batteries with higher energy density, enabling EVs to travel farther on a single charge. This involved exploring new materials and optimizing battery cell designs.
- Faster Charging: The company investigated fast-charging technologies to reduce the time required to replenish battery capacity. This included exploring advanced charging infrastructure and optimizing battery management systems.
- Improved Durability and Lifespan: Apple aimed to extend the lifespan of EV batteries by developing more durable materials and improving battery management systems to prevent degradation. This was crucial for ensuring the long-term viability of electric vehicles.
Autonomous Driving Systems
Autonomous driving technology was another crucial aspect of Project Titan. Apple invested heavily in developing advanced sensors, algorithms, and software for self-driving capabilities.
- LiDAR Sensors: Apple explored the use of Light Detection and Ranging (LiDAR) sensors, which emit laser beams to create detailed 3D maps of the surrounding environment. This technology is crucial for accurate object detection and navigation in autonomous driving systems.
- Computer Vision Algorithms: The company developed sophisticated computer vision algorithms to interpret data from cameras and other sensors, enabling vehicles to identify objects, pedestrians, and traffic signs. This involved training AI models on vast datasets of real-world driving scenarios.
- Software Integration: Apple’s strength in software development was critical for integrating various autonomous driving components into a cohesive system. This included developing software for sensor fusion, path planning, and decision-making, all essential for safe and reliable autonomous driving.
Software Integration and User Experience
Apple’s focus on user experience was a key differentiator in Project Titan. The company aimed to integrate its software expertise into the automotive domain, creating a seamless and intuitive driving experience.
- In-Car Entertainment and Connectivity: Apple aimed to integrate its popular iOS ecosystem into the car, offering features such as music streaming, navigation, and voice control. This would enhance the user experience and create a more connected driving environment.
- Over-the-Air Updates: Apple’s software expertise allowed for the implementation of over-the-air updates, enabling continuous improvements and feature additions to the vehicle’s software. This would keep the car up-to-date with the latest technology and enhance its capabilities over time.
- Data Analytics and Predictive Maintenance: Apple’s software could be used to collect and analyze data from various sensors within the car, enabling predictive maintenance and optimizing vehicle performance. This would help to improve vehicle reliability and minimize downtime.
Comparison to Other Tech Giants
Apple’s decision to abandon Project Titan provides a valuable case study for examining the challenges and opportunities associated with tech giants entering the automotive industry. Comparing Apple’s approach to those of other companies, such as Google, Tesla, and Amazon, reveals both commonalities and distinct strategies that ultimately shaped their successes and setbacks.
Goals and Technologies
The goals and technologies pursued by these companies reflect their unique strengths and market aspirations.
- Apple aimed to create a fully integrated, user-centric electric vehicle experience, leveraging its expertise in software, design, and user interface. Project Titan was envisioned as a premium vehicle, emphasizing seamless integration with Apple’s ecosystem and advanced driver-assistance features.
- Google, through Waymo, focused on autonomous driving technology, aiming to revolutionize transportation through self-driving vehicles. Waymo’s approach centered on developing advanced sensors, artificial intelligence, and mapping systems, collaborating with automotive partners to deploy its technology in various vehicle types.
- Tesla, founded by Elon Musk, aimed to accelerate the transition to sustainable transportation by producing electric vehicles with high performance and advanced features. Tesla’s strategy involved vertical integration, controlling the design, manufacturing, and software of its vehicles, enabling rapid innovation and a distinct brand identity.
- Amazon, through its Amazon Web Services (AWS), sought to provide cloud-based solutions for connected cars and autonomous driving, offering services for data storage, processing, and analysis. AWS aimed to empower automotive manufacturers and technology companies to develop and deploy connected car features and autonomous driving systems.
Partnerships and Collaborations
Each company adopted different approaches to partnerships and collaborations.
- Apple initially sought to acquire existing automotive companies, aiming for a faster entry into the market. However, after failed negotiations, Apple shifted towards an in-house development strategy, relying on its internal expertise and resources.
- Google partnered with established automotive manufacturers, such as Fiat Chrysler Automobiles (FCA) and Hyundai, to integrate its self-driving technology into their vehicles. This strategy allowed Waymo to leverage existing manufacturing capabilities and market access while focusing on its core technology.
- Tesla initially focused on in-house development, but later expanded its partnerships, collaborating with companies like Panasonic for battery production and Mobileye for advanced driver-assistance systems. Tesla’s approach combined vertical integration with strategic partnerships to accelerate its growth and technology development.
- Amazon, through AWS, formed partnerships with a wide range of automotive manufacturers, technology companies, and research institutions. AWS’s strategy involved providing a platform for collaboration and innovation, enabling various stakeholders to develop and deploy connected car solutions.
Factors Contributing to Success or Failure
The success or failure of these initiatives was influenced by various factors, including:
- Technology Development: The complexity of autonomous driving technology and the rapid pace of innovation presented significant challenges. Waymo’s focus on developing and refining its self-driving technology proved crucial to its success. However, Apple’s reliance on in-house development and its ambitious scope for Project Titan may have contributed to its difficulties.
- Market Dynamics: The automotive industry is highly competitive, with established players like Toyota, Volkswagen, and General Motors possessing extensive manufacturing capabilities and market share. Tesla’s focus on high-performance electric vehicles and its direct-to-consumer sales model enabled it to carve out a niche in the market. However, Apple’s entry into a mature market with a premium-priced vehicle could have faced significant challenges.
- Regulatory Landscape: The regulatory environment surrounding autonomous driving is evolving rapidly, with varying regulations across different countries. Waymo’s early focus on obtaining regulatory approvals and establishing partnerships with government agencies proved advantageous. Apple’s decision to delay its entry into the market may have been influenced by the uncertainty surrounding regulatory frameworks.
- Consumer Adoption: Consumer acceptance of autonomous driving technology is a key factor for success. Tesla’s brand recognition and its focus on performance and technology helped to garner early adoption among consumers. Apple’s reputation for innovation and its loyal customer base could have been a potential advantage, but the high price point and the lack of a clear market differentiator may have hindered consumer acceptance.
Regulatory Landscape
The regulatory landscape surrounding electric vehicles (EVs) and autonomous driving technology is complex and rapidly evolving. It presents both challenges and opportunities for companies like Apple, as well as for the automotive industry as a whole.
The regulatory landscape for EVs and autonomous vehicles is fragmented, with varying rules and standards across different jurisdictions. This creates a complex environment for companies developing and deploying these technologies. Here are some key areas of regulation:
- Safety Standards: Regulators worldwide are establishing safety standards for EVs and autonomous vehicles, covering areas like crashworthiness, battery safety, and cybersecurity. These standards are essential to ensure the safety of passengers, pedestrians, and other road users. For example, the National Highway Traffic Safety Administration (NHTSA) in the United States has issued guidelines for autonomous vehicle testing and deployment.
- Vehicle Certification: EVs and autonomous vehicles must undergo rigorous certification processes to ensure they meet safety and performance standards. These processes can be time-consuming and expensive, requiring companies to demonstrate compliance with a range of technical requirements. For example, the European Union has implemented a type-approval system for EVs that includes testing for emissions, energy consumption, and safety features.
- Data Privacy and Cybersecurity: Autonomous vehicles collect vast amounts of data, raising concerns about data privacy and cybersecurity. Regulations are being developed to address these concerns, including rules on data collection, storage, and sharing. For example, the California Consumer Privacy Act (CCPA) requires companies to provide consumers with information about the data they collect and how it is used.
- Liability and Insurance: Determining liability in accidents involving autonomous vehicles is a complex issue. Regulations are being developed to address questions about who is responsible in such cases, whether it is the manufacturer, the driver, or the software provider. This is an area where legal and regulatory frameworks are still evolving.
Regulatory Impact on Apple and Other Tech Companies
The regulatory landscape for EVs and autonomous driving presents both challenges and opportunities for tech companies like Apple.
- Challenges: The complexity and evolving nature of regulations can make it difficult for tech companies to navigate the regulatory process. Compliance costs can be significant, and delays in obtaining approvals can hinder the development and deployment of new technologies.
- Opportunities: Regulations can provide a framework for innovation and growth. By setting clear standards, regulations can create a level playing field for companies and encourage investment in the development of new technologies. Tech companies can also leverage their expertise in software and data to contribute to the development of regulations that are both effective and promote innovation.
Regulatory Changes and the Future of the Automotive Industry
Regulatory changes are likely to have a significant impact on the future of the automotive industry.
- Acceleration of EV Adoption: Regulations that incentivize EV adoption, such as tax credits and subsidies, can accelerate the transition to a more sustainable transportation system.
- Emergence of New Business Models: The rise of autonomous vehicles could lead to new business models, such as ride-hailing services and subscription-based mobility solutions.
- Increased Collaboration: The complexity of the regulatory landscape will likely drive greater collaboration between tech companies, automakers, and regulators. This collaboration is essential to ensure the safe and efficient deployment of new technologies.
Sustainability and Environmental Impact
Apple’s Project Titan, while ultimately canceled, held significant potential for environmental impact. The project aimed to develop an electric car, a technology inherently aligned with sustainability goals.
Electric Vehicles and Sustainability
Electric vehicles (EVs) play a crucial role in promoting sustainability and reducing carbon emissions. By eliminating tailpipe emissions, EVs contribute directly to cleaner air quality and a reduction in greenhouse gas emissions.
The Potential Impact of Apple’s EV
Apple’s electric car, had it been launched, could have had a substantial impact on the automotive industry and the environment. The company’s reputation for innovation and design could have spurred wider adoption of EVs, accelerating the transition to a more sustainable transportation system.
The Broader Implications of Apple’s Decision
While Apple’s decision to cancel Project Titan may have disappointed some, it highlights the complex challenges associated with entering the automotive market. The company’s decision could be seen as a signal that the path to sustainable transportation is not without its hurdles.
Wrap-Up
While Apple’s decision to cancel Project Titan has sent shockwaves through the tech and automotive industries, it is important to note that the company remains committed to innovation and exploration. The lessons learned from Project Titan will likely shape Apple’s future endeavors, potentially leading to new partnerships, software solutions, or even a renewed focus on electric vehicle technology in the future. The impact of this decision on Apple’s brand image and its future in the automotive industry remains to be seen, but it is clear that Apple’s journey in the electric car market has only just begun.
Apple’s decision to cancel its electric car project, “Titan,” sparked a lot of discussion. It was a reminder of the high stakes involved in the automotive industry, and many wondered about the future of Apple’s ambitions in this space.
For some insight, you might want to check out a fireside chat with Andreessen Horowitz partner Martin Casado at TechCrunch Disrupt 2024 , where he discusses the challenges and opportunities in the tech world, including the evolving landscape of electric vehicles.
While Apple may have pulled back from its car project, the future of electric vehicles is certainly still being written, and it’s likely we’ll see more players entering the market in the years to come.