All Channels

Apple reportedly aiming to launch electric car by 2020

pple Inc., which has been working secretly on a car, is pushing its team to begin production of an electric vehicle as early as 2020, people with knowledge of the matter said.

The timeframe -- automakers typically spend five to seven years developing a car -- underscores the project’s aggressive goals and could set the stage for a battle for customers with Tesla Motors Inc. and General Motors Co. Both automakers are targeting a 2017 release of an electric vehicle that can go more than 200 miles on a single charge and cost less than $40,000.

Read Full Story >>
The story is too old to be commented.
green2155d ago

Tesla is claiming that Apple is stealing some of the battery tech engineers. Will be interesting to see what they come up with.

jairusmonillas2154d ago

Smartphones are entirely different from Cars.

They can fail miserably.