What happened: Two Apple insiders say Apple’s planning to launch a passenger vehicle in 2024. “Project Titan”, as they call it, was in the works since 2014.
- Being the giant Apple is, financially, will it make sense to make a car? It took Tesla 17 years to become profitable.
Driving this idea: Apple’s unique “monocell” design, which, those sources say, frees up space, giving the car a potentially longer range. Apple’s also looking at Lithium Iron Phosphate for the battery that should be less likely to overheat and thus, safer.
- FUN FACT: The idea of an Apple Car—or iCar— isn’t new. It was there even before the first iPhone launched in 2007.
Subscribe to Right Click
One email every morning with smart tech news to jumpstart your day.