What happened: Two Apple insiders say Apple’s planning to launch a passenger vehicle in 2024. “Project Titan”, as they call it, was in the works since 2014.
Being the giant Apple is, financially, will it make sense to make a car? It took Tesla 17 years to become profitable.
Driving this idea: Apple’s unique “monocell” design, which, those sources say, frees up space, giving the car a potentially longer range. Apple’s also looking at Lithium Iron Phosphate for the battery that should be less likely to overheat and thus, safer.
Elon Musk reacts:
FUN FACT: The idea of an Apple Car—or iCar— isn’t new. It was there even before the first iPhone launched in 2007.
This email was from Right Click, a new email newsletter I write. It’s about tech and how it affects us.
NOT about which new phones came out recently and such shit.