Apple seems serious targeting the automotive market. Bloomberg News reported Thursday, based on anonymous sources, Apple will start developing electric smart car by 2020.
To make this target come true, Apple has about 200 engineers involved on an automotive endeavor under the code name “Project Titan”. These Apple’s Engineers are expert of battery technology and robotics with five to seven years experienced on developing a car.
Apple car-making facility would run about $1 billion
Such as Google car, this Apple car is also can run itself and in the form of a minivan.
Let’s see another automotive company projects about electric self-driving car:
- Nissan has set 2020 as a deadline to market a self-driving car.
- Google will be ready for self-driving car sooner than 2020, as google has invested in developing an autonomous vehicle since 2010.
- Tesla hopes 2017 as their middle-market for advanced electric car on the road.
- General Motors will have Chevrolet Bolt a car with 200-mile range.
About the price is still too early to talk about, but as quoted by Bloomberg, Friday (02/20/2015), Apple will reportedly car valued less than US $40,000
With Apple electric Car, is it possible that Apple Will move into new Industries, Automotive ?
Apple representatives declined to comment for this story.
Article Source : Bloomberg and various websites
Image Source : Bloomberg.