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Home » Apple cancels work on electric car, ending decadelong effort

Apple cancels work on electric car, ending decadelong effort

Apple car team has several hundred hardware engineers and vehicle designers

Bloomberg NewsbyBloomberg News
February 27, 2024
in Technology
Reading Time: 3 mins read
0
The Apple Park campus stands in this aerial photograph taken above Cupertino, California, U.S., on Wednesday, Oct. 23, 2019. Apple Inc. will report its fourth-quarter results next week, and based on the average analyst price target for the stock, Wall Street is feeling increasingly optimistic about the iPhone maker's prospects.

(Photo/Bloomberg)

Apple Inc. is canceling a decadelong effort to build an electric car, according to people with knowledge of the matter, abandoning one of the most ambitious projects in the history of the company. Apple made the disclosure internally Tuesday, surprising the nearly 2,000 employees working on the project, said the people, who asked not to […]

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