Yesterday we confirmed that according to the Reuters agency, which could be the new car of the Californian company, could begin to be produced in 2024. The Apple Car is a dream that has been attracting a significant number of rumors, but this announcement is starting to get things a little more serious. In fact, Morgan Stanley claims that the Apple Car it is the only rival worthy of the Tesla.
Apple is a very strong rival and it has already affected Tesla.
Tesla is the only electric vehicle brand right now that experts say are worth it. There are many more models but they do not reach the quality of this brand nor do they reach it in terms of technology, of course they do not reach it in prices either. Yesterday Reuters confirmed that Apple wants to start the production of the so-called Apple Car (we do not know if it will be called that and if you do not look at the misnamed AirPods Studio) within 4 years. Morgan Stanley claims that the Apple Car is the only rival worthy of the Tesla. For that very the shares of the latter fell due to the announcement made.
The leader in financial services, explains that Apple's interest in entering the electric car industry is likely its desire to "Improve the driving experience with vertical integration of hardware, software and services". At the same time, the company can also enter a "large and fast-growing industry." At Mass you can "dramatically improve the user experience."
Apple has the key ingredients which we believe are critical to being successful in the future automotive industry. Access to capital, the ability to attract and retain top talent, proven hardware design. In addition to a rich ecosystem to take advantage of the recurring subscription. We believe the value of the service opportunity embedded in Internet-of-Cars (IoC) could outshine the auto business itself (units x price).
Importantly, Apple has recently invested to incorporate five internal core technologies that can help. Processors, battery, camera, sensors and screen. They believe that there are other growth drivers like AR, payments, and healthcare that are likely to be implemented earlier, making a time horizon of more than 4 years seem realistic.
Tesla will finally have a worthy rival, although it takes a lot of advantage
With these definitions and details, the ground is already being prepared for when the Apple electric car makes its stellar appearance on the market. If we consider the price trends in the latest devices, it will be prohibitive to say the least. But the Californian company has a very important basic problem, Tesla is far ahead of any other manufacturer.
Although Apple has the five ingredients to bring a perfect electric car to market in four years, Tesla has the same period of time to be able to improve what already exists. It is always easier to improve what exists than to create it from scratch. It is true that the car will have the best of the best, but it will have to focus above all on the battery system. There Tesla is the queen and has some excellent devices.
It is true that many of the elements that should go in the Apple Car, the company is testing them right now on other devices such as the iPad, iPhone and others, such as the LiDAR scanner and in the future the screens with the new LED technology, which can perfectly match the screen that may exist inside the car. But the reality is that with Apple you never know what the next move will be. However, we have heard these rumors about your electric car for a long time. We can say that The countdown of new news and rumors begins everywhere.
About Us we will be pending In order to tell you about any news that arises in relation to this topic, it is sure that many rumors will appear from now on and must be taken into account.