Apple abandons electric car making plan

By
Ziraat Times
-

Apple company has abandoned decade-long efforts to build an electric car, according to multiple media reports, calling time on a project that some saw as potentially transformative for the auto industry.

Many employees working on the project, known internally as “Project Titan,” will be moved to the company’s artificial intelligence division, according to Bloomberg, which first reported the decision citing people with knowledge of the matter. CNN has contacted Apple (AAPL) for comment.

Follow Ziraat Times on Whatsapp - Join Now

The news comes as electric vehicle (EV) sales have disappointed, prompting several major carmakers to pull back on investments and slash prices. AI, on the other hand, is having a moment and Apple’s reported shift in resources could help it close the gap with rivals such as Microsoft and Google, which have stolen a march on the breakthrough technology.

RELATED ARTICLESMORE FROM AUTHOR

583 COMMENTS

  543. Играть РІ казино — всегда интересное приключение.: balloon game – balloon казино играть

  547. Соревнуйтесь СЃ РґСЂСѓР·СЊСЏРјРё РЅР° игровых автоматах.: balloon казино – balloon казино играть

LEAVE A REPLY

Please enter your comment!
Please enter your name here