Monday, May 19, 2025
News Wave
No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
News Wave
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
No Result
View All Result
News Wave
No Result
View All Result
Home World USA

Apple cancels its electric car project : NPR

27 February 2024
in USA
0 0
Apple cancels its electric car project : NPR
Share on FacebookShare on Twitter


\"\"

Apple CEO Tim Cook speaks during an announcement of new products on the Apple campus in September 2023.

Jeff Chiu/AP

hide caption

toggle caption

Jeff Chiu/AP

\"\"/

Apple CEO Tim Cook speaks during an announcement of new products on the Apple campus in September 2023.

Jeff Chiu/AP

Apple has ended its secret plans of building a self-driving electric car, a decade-long effort that was seen as one of the most ambitious undertakings in the company’s history.

Apple executives on Tuesday informed teams working on the tech giant’s vehicle, called Project Titan internally, that hundreds of employees who worked on the car will be shifted to divisions working on artificial intelligence, according to multiple reports.

The push at Apple to build an autonomous vehicle is estimated to have cost the company billions of dollars, with around 2,000 employees working on the endeavor.

While some Apple employees are being moved to work on AI products, many others are expected to be laid off, though the exact number of workers affected remains unclear.

\"EVs

Apple declined to comment. The news that Apple is scrapping its car project was first reported by Bloomberg, which said Apple was struggling in its quest to crack self-driving technology, just as the market for electric vehicles was beginning to slow.

NPR has not independently confirmed the project’s cancellation.

The prospect of Apple, one of richest companies in the world, releasing an Apple-branded car had the potential to transform the auto industry and was being closely watched by auto executives and Apple diehards alike.

Despite the anticipation, analysts said Apple was still many years away from ever releasing its own car. Engineers at the company have for years been testing Apple car technology on public roads.

At one point, Apple was attempting to build a car without a steering wheel or pedals. But it abandoned the idea, since it was not possible with current technology, Bloomberg reported in late 2022.

Apple never publicly revealed it was developing a self-driving vehicle, but analysts expected the company to price it around $100,000. It was seen as a could-be rival to models of Tesla’s electric cars in the same price range.

\"Elon

Tesla CEO Elon Musk appears to have welcomed the news that Apple was winding down its car project, sharing a social media post about the move with his own commentary: a saluting emoji and a cigarette.



Source link

Tags: ApplecancelscarElectricNPRProject
Previous Post

Michigan polls closing as Biden faces Gaza protest and Haley hopes to make impact: Live

Next Post

Undocumented immigrants in California could have a new path to homeownership

Related Posts

Obama, Trump and other political leaders react to Biden’s cancer diagnosis
USA

Obama, Trump and other political leaders react to Biden’s cancer diagnosis

by My News Wave
19 May 2025
0

Former President Joe Biden has been diagnosed with prostate cancer, characterized by a Gleason score of 9 and metastasis to the bone, following the discovery of a small nodule during a routine physical exam. His diagnosis has prompted an outpouring of support from political leaders, including former Presidents Obama and Trump, who expressed their wishes for Biden's recovery. As Biden and his family consider treatment options, they are receiving encouragement from various public figures, highlighting...

Read more
Trump-Putin call exposes shifting ground on Ukraine peace talks
USA

Trump-Putin call exposes shifting ground on Ukraine peace talks

by My News Wave
19 May 2025
0

Last year, Donald Trump claimed he could resolve the Ukraine War in "24 hours," but after a recent call with Vladimir Putin, he stated peace negotiations should occur between Russia and Ukraine, possibly with the Pope's assistance. While Trump remains optimistic, suggesting negotiations for a ceasefire could start soon, Putin emphasized addressing the war's "root causes." Concerns grow regarding the U.S.'s potential withdrawal from negotiations and support for Ukraine, which could empower Russia, as Ukrainian...

Read more
Mortgage rates climb back above 7% after Moody’s U.S. debt downgrade
USA

Mortgage rates climb back above 7% after Moody’s U.S. debt downgrade

by My News Wave
19 May 2025
0

Mortgage Rates Surge Following Moody's DowngradeThe average interest rate for a 30-year mortgage has risen above 7% for the first time since April, triggered by Moody's downgrade of the U.S. credit rating due to growing debt concerns. Although the rate slightly eased to about 6.99%, elevated mortgage rates are expected to persist amid record-high home prices and a lack of affordable properties, with only 20% of homes listed being affordable for households earning $75,000. Experts...

Read more
Evidence of 30-foot ancient sea monster found in Mississippi
USA

Evidence of 30-foot ancient sea monster found in Mississippi

by My News Wave
19 May 2025
0

Geologists in Mississippi discovered a fossilized lumbar vertebra believed to belong to a mosasaur, a marine apex predator from the Late Cretaceous period. The vertebra, estimated to be from a 30 to 40-foot-long specimen, was found during a sampling expedition south of Starkville, revealing the distinct shape indicative of a mosasaur. This finding is particularly significant as it represents the largest mosasaur fossil encountered in the region, which is known for its rich fossil record....

Read more
Trump signs law combating deepfakes and revenge porn
USA

Trump signs law combating deepfakes and revenge porn

by My News Wave
19 May 2025
0

US Legislation Against Revenge Porn and DeepfakesPresident Donald Trump has signed the Take It Down Act, criminalizing the non-consensual posting of "intimate images," including deepfake content, requiring tech companies to remove such content within 48 hours. Although the bill received bipartisan support, critics, including digital rights groups, argue it may lead to censorship of legitimate content and threaten free expression and privacy rights. First Lady Melania Trump, who has advocated for the bill, highlighted the...

Read more
Shipment of thousands of chicks left in USPS truck. Overwhelmed shelter needs help adopting them
USA

Shipment of thousands of chicks left in USPS truck. Overwhelmed shelter needs help adopting them

by My News Wave
19 May 2025
0

A Delaware animal shelter is caring for thousands of chicks abandoned in a postal truck for three days, leading to many deaths before their discovery on May 2. The USPS acknowledged a process breakdown and is investigating how 12,000 chicks were left at a mail distribution center, with the hatchery unable to reclaim them due to biosecurity concerns. Currently, over 2,000 surviving chicks are at the shelter, and while adoptions have begun, financial strain is...

Read more
News Wave

News Summarized. Time Saved. Bite-sized news briefs for busy people. No fluff, just facts.

CATEGORIES

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Canada
  • Entertainment
  • Europe
  • India
  • Middle East
  • New Zealand
  • Sports
  • Technology
  • UK
  • USA
  • World

LATEST NEWS STORIES

  • Gaza faces catastrophic famine – Middle East Monitor
  • This rare, hands-on recording museum highlights the sonic legacy of guitar god Les Paul
  • Klarna’s revenue per employee soars to nearly $1 million thanks to AI efficiency push
  • About Us
  • Disclaimer
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In