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According to sources familiar with the matter, Apple Inc. is making progress in developing self-driving car technology and aims to manufacture a passenger vehicle by 2024. The vehicle may feature Apple’s innovative battery technology. This information was reported by Reuters.
Sources familiar with the matter have revealed that Apple Inc’s automotive project, also known as Project Titan, has had a tumultuous journey since its inception in 2014 when the company started designing its own vehicle from scratch.
The company’s efforts were briefly put on hold to focus on software development and reassess goals. Doug Field, an Apple veteran who had previously worked at Tesla, returned in 2018 to oversee the project and laid off 190 team members in 2019.
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However, Apple has now made significant progress, with the aim of building a consumer vehicle by 2024. Unlike Alphabet’s Waymo, which built robo-taxis, Apple is planning to build a personal vehicle for the mass market. A third source familiar with Apple’s battery design claims that the company’s new battery design could reduce battery costs and increase vehicle range.
However, it is still unclear who will assemble the vehicle, and there is a possibility that Apple may scale back the project to an autonomous driving system integrated with traditional automakers’ cars instead of producing Apple-branded cars.
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Two sources familiar with the company’s plans have said that Apple plans to rely on outside partners for lidar sensors, which provide self-driving cars with a three-dimensional view of the road. Nevertheless, Apple’s vehicle project still faces several challenges, and pandemic-related delays may push the start of production to 2025 or beyond
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Apple’s Project Titan, which focuses on self-driving car technology, is progressing towards producing a consumer vehicle, and could be targeting a 2024 release.
The project, which started in 2014, has undergone various transformations, including focusing on software and reassessing its goals. The company is now aiming to build a personal vehicle for the mass market, and has designed a new battery technology that could reduce battery cost and increase the vehicle’s rang
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However, the pandemic may cause delays that could push the production to 2025 or beyond. Apple may rely on a manufacturing partner to build the car, and may use lidar sensors from outside partners. The car could feature a unique “monocell” battery design, which eliminates pouches and modules and could pack more active material inside.
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The design also examines LFP chemistry, which is less likely to overheat and is safer than other types of lithium-ion batteries. While Apple investors have reacted with caution, Apple may have an opportunity to utilise its advanced operating system and battery technology in a partnership with an existing manufacturer under license.