Industry — Electric Vehicle
Tech Companies Downshift Ambitions for Electric Vehicle Manufacturing
Electric Vehicle Electric Vehicle Manufacturing manufacturing tech companies
Tech Companies Downshift Ambitions for Electric Vehicle Manufacturing Technology companies continued to curb their ambitions for manufacturing electric vehicles in 2019. At one point, Apple was reportedly planning to launch an electric vehicle by 2019, but after much hype around its secretive initiative called Project Titan, the iPhone maker shifted gears on EVs several years ago. While Apple continues to file automotive-related patents, its efforts now appear focused on infotainment and autonomous driving software rather than building a car from scratch. In October of this year, U.K. consumer electronics firm Dyson dropped its plans for what was described as a “fantastic car” after...