Apple Killer ($ AAPL) Tesla ($ TSLA) will not ship at least a decade

Apple Park is headquartered in Cupertino, California.

Photographer: Sam Hall / Bloomberg

Apple Inc. at least half a decade to launch an autonomous electric vehicle as development work is still at an early stage, according to people familiar with the efforts.

The Cupertino technology giant, based in California, has a small team of hardware engineers developing drive systems, vehicle interior design and an exterior car body with the ultimate goal of removing a vehicle. That is a more ambitious goal than in previous years when the project was largely focused on creating a self-driving system. The company also has more ex-Tesla Inc. officers. contributed to the project.

However, some Apple engineers on the project believe the company could release a product in five to seven years if Apple goes ahead with its plans. The car is not close to production level, the people said, although they warned that timelines could change. They asked not to be identified talking about sensitive, internal work. Most of the team currently work from home or in the office for a short period of time, slowing down the company’s ability to develop a full vehicle. An Apple spokesman declined to comment.

Apple’s car would compete with electric vehicles from Tesla and offers from companies such as upstart Lucid Motors and established manufacturers such as Dacedler’s Mercedes-Benz and General Motors Co.’s Chevrolet. A key difference would be Apple’s ability to integrate their self-driving system, a valuable initiative that forced the company to develop their own software, sensing hardware and chip technologies. The goal is to allow a user to enter their destination and be directed there with very little other communication, according to the people familiar with the project.

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Apple test car for the self-driving system in 2017

Bloomberg

Apple won’t make its own products, and it’s likely to be in the same way as a vehicle. It is not clear which company would collect the car, however. In its first attempt about five years ago, Apple working with engineers from Magna International Inc., a leading auto industry manufacturing company. Reuters recently announced that Apple aims to launch a car as early as 2024.

Apple has continued to explore building the self-driving car system for a third-party car partner rather than its own, the people said, and it could repeat the car efforts let himself be swayed by this approach.

The company first tried to build an electric car in 2014, hiring hundreds of hardware engineers for the effort before quickly replacing it around 2016 to focus on the car system self-driving. From 2016 through 2019, Apple cut hundreds of employees off the team. However, he retained hardware engineers with experience in car components who stayed on the car project or worked on other ventures.

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