“The car industry is not a normal technical business that you could take over at one stroke,” Diess said in an interview with Frankfurter German newspaper Allgemeine Zeitung. night. “
In April 2017, Apple received permission from the California Department of Motor Vehicles to test self-driving vehicles there.
“There’s so much going on [electric and autonomous vehicles] and connected tech, “Morgan Stanley analysts wrote in a note to investors in December 2020.” It may be a fitting time for the world’s most valuable company to play its hand in the $ 10 trillion global moving market. “
While that’s less than half the number of sales made by Tesla last year, it represents a 214% increase on the previous year and shows that Germany’s big car industry is starting to challenge to the director in electric cars.
That’s why, when it comes to competition from Apple, “We’re not scared,” Diess told the German newspaper.
– CNN Business’ Clare Duffy and Charles Riley contributed to this report.