Magna and LG Electronics announced the formation of a partnership to build electric vehicle (EV) components last year, and in a new update, the joint venture may be likely to win a contract to build Apple’s upcoming autonomous vehicle. On Tuesday, an anonymous person familiar with the matter told the Korea Times that LG Magna […]
Canaccord Genuity analyst Jed Dorsheimer said on Monday that Tesla (TSLA) could “radically” change the battery power market with its impressive technology and increased production capacity, according to The Street. Dorsheimer also said that the company is moving toward an “Apple-esque ecosystem,” but for energy products in particular. Dorsheimer also went on to say that […]
On Wednesday, Apple shared more details of its massive solar farm project called California Flats, located in Monterey County. This new solar farm would be capable of storing 240 megawatt-hours of energy, enough to give power to 7,000 homes for one day, said Apple. What the iPhone maker did not reveal was that its solar […]
On Tuesday, Twitter user @sumitgrrg summarized Elon Musk’s 2013 handshake deal with Google to acquire Tesla, which was struggling to survive at the time. If you haven’t heard of this story, it’s one for the ages as part of Tesla’s evolution into a dominant electric automaker. Dealing with tons of bugs, and an inability to […]
Legacy automakers are sharing their concerns, or rather, lack thereof, about the upcoming Apple Car, including a recent set of statements from Toyota’s head executive. Toyota Motors President Akio Toyoda said Thursday he would welcome Apple’s potential entry into the auto market, but also said that the tech company should prepare for many decades of […]
German automaker BMW is well slated to handle an electric future, according to Chief Financial Officer Nicolas Peter in a recent interview. Even with threats of Apple, the world’s most valuable company, and its upcoming autonomous car entering the auto market, Peter says he’s still sleeping at night, reports Bloomberg. When asked about Apple, Peter […]
Over the past few months, rumors of a partnership between Apple and Hyundai – including affiliate company Kia – have made waves across the internet, seemingly leaving the deal in shambles. Friday Kia’s shares rose over 8% following a story from South Korean news site Chosun Biz which claimed that negotiations on a potential electric […]
Volkswagen CEO Herbert Diess recently joined Twitter to take on Tesla CEO Elon Musk, but some suggest that Apple’s autonomous car plans may be the real competition Diess will need to face down the line. On Sunday, Reuters reported that Diess is not threatened by the prospect of an Apple Car, despite rumors circulating over […]
According to reliable insiders, the dialogue between smartphone giant Apple Inc. and auto manufacturers Hyundai and Kia for Apple’s ‘Project Titan’ has come to a standstill — reports Bloomberg. BREAKING: Apple has held talks with Hyundai and Kia about building an electric vehicle, but those discussions paused recently. https://t.co/kLWIQx4Clf — Bloomberg (@business) February 5, 2021 […]
More details of Apple’s rumoured electric vehicle plans are emerging, with the latest from CNBC citing more details about the company’s reported relationship with Hyundai-Kia. Multiples sources claim Apple and Kia are close to finalizing a deal to assemble the iPhone maker’s electric vehicle at the latter’s West Point, Georgia plant. Earlier this week, Bloomberg […]
The upcoming Apple Car, called “Project Titan” internally, has been making its rounds on the internet rumor mill. On Tuesday, it was announced that Apple had recruited Porsche’s Vice President of Chassis Development Dr. Manfred Harrer to help head up the project, according to Insider Deutschland (via 9to5Mac). While much information about Apple’s desire to […]
Hyundai Motor Company was reportedly in talks with Apple about building the tech company’s first electric car, with a signed deal expected to be finalized as soon as March 2021. On Thursday, Reuters reported that Hyundai’s executives were divided on potential hold-ups with Apple, citing the company’s traditional reluctance to outsource work to other companies. […]
The electric vehicle (EV) world is going nuts the past several months over rumors of an electric Apple car. And now, a convincing, albeit highly-speculative, new report has many wondering if the car will include some seriously impressive new technology. According to a recent report from EE Times, some are speculating that the rumored Apple […]
Could Tesla be lining up future support for Apple CarKey? The latest FCC approval details a new Ultra Wide-band B Pillar Endpoint device. Apple’s Car Key feature allows iPhone and Apple Watch owners to unlock and start compatible vehicles (currently it’s only BMW). Car Keys are stored within the Wallet app on iPhone or Apple […]
Foxconn has been making our precious iPhones for Apple to deliver around the world for quite some time now, but according to new reports, the company now has plans to branch out into a new sector. On Wednesday, Foxconn and Zhejiang Geely Holding Group Co. put out a joint statement announcing their entry into the […]
