In a note to clients — as noted by MacRumors — analyst Ming-Chi Kuo says that Apple’s work on the Apple Car has “lost all visibility at the current time.
He says that if Apple does not adopt some kind of acquisition strategy to make inroads in the automotive market, it is unlikely that the Apple Car will be able to go into mass production “within the next years.”
On. Nov. 18, 2021, Bloomberg reported that Apple was accelerating development on its “Apple Car.” The article said that the electric vehicle will be self-driving and could roll out in 2025.
What’s more, in a note to clients — as noted by AppleInsider — investment bank Wedbush said Apple is likely to announce a strategic electric vehicle partnership in 2022 to lay the groundwork for an “Apple Car” release in 2025.
If Kuo is correct — and I suspect he is — those predictions are way too optimistic.
