Day: September 10, 2021

Apple to develop its EV independently, axing plans for collaboration

Apple’s heavily rumored electric car will be developed independently, according to sources in Korea. Apple was in talks with several large automakers as the project became more real this year, but it seems the tech giant is more interested in developing its first EV on its own.

New reports from Korea’s Maeil Economic Daily indicate that Apple is establishing its own “automobile research institute” and has been pushing for the development of its vehicle on its own. Previously, Apple had been in talks with large carmakers like Toyota, BMW, Hyundai, Kia, and Nissan, all companies with a long line of automotive expertise that would assist Apple in manufacturing, research, and development. Apple favored a partnership previously, but now things seem to be delayed due to production bottlenecks across the board, which has Apple in a difficult situation.

As a result, Apple wants to get the project rolling, and it

Read More

The IAA Mobility Show Tries to Reimagine the Auto Show

For industry insiders, who account for a big share of visitors, I.A.A. Mobility also featured a Davos-like “summit” that on Wednesday included panel discussions with titles like “Manage Your Electrified Fleet,” “Decarbonizing the Automotive Supply Chain” and “Challenge of the Christian Worldview in the Age of Digitalization.”

Axel Schmidt, the head of the automotive division at the consulting firm Accenture, said he thought that a new format was overdue and that organizers were on the right track. But he wasn’t sure whether it would work.

“I don’t know if this is the beginning of the end, or the beginning of a new era,” Mr. Schmidt said in an interview.

The beginning of the end is a distinct possibility. Many of the vast exhibition halls at the Messe Munich, the city’s fairgrounds, were vacant as companies including Stellantis — the maker

Read More