According to a report today from The Korea Times, Apple is apparently close to signing a deal with the joint automotive venture of LG and Magna, currently named “LG Magna e-Powertrain.” The contracts would supposedly see the LG and Magna International venture produce the initial rounds of Apple Car production. […]
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One of the main reasons why many people were initially skeptical of Apple’s car plans is that the infrastructure required for automotive manufacturing is immense and requires billions of dollars in capital. And while Apple certainly has billions to spare, the buildout of a facility capable of manufacturing cars at […]
(Bloomberg) — Apple Inc. entering the electric-car race could be a boon to Continental AG’s Vitesco Technologies powertrain unit as it attempts a wrenching transition away from internal combustion engines. Reports that Apple is working on a self-driving EV have ignited speculation about how the technology giant would pursue such […]
As another week came to an end, Wall Street continued to offer its insights on Apple stock. From the Apple Car to the iPhone to the buy-on-weakness opportunity, analysts published several interesting reports on the Cupertino company. The Apple Maven reviews some of the most interesting expert takes below. Still […]
Apple’s long-rumored and expected entry into the automotive industry has been met with excitement from potential partners as well as disinterest from potential rivals. While there’s still ongoing speculation about who will be making the Apple electric vehicle, whether it’s still Hyundai or just Kia this time, other carmakers have […]
Apple chief executive Tim Cook – Bloomberg News Apple’s talks with car manufacturers have fizzled out, reportedly leaving the company to take on the task of building its planned self-driving car itself. The business is turning to the manufacturers who have for years built the iPhone, such as Foxconn, as […]
TipRanks 2 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ We’re in a volatile period right now, as stocks slipping after starting the year on a strong note. Big Tech, which boomed during the pandemic lockdowns and the move to remote work, is leading the declines. Investors have taken the […]
Apple is reportedly in discussion with a number of potential LiDAR suppliers for its Apple Car and is said to be pondering the best approach. Apple is still searching for the right supplier of LiDAR sensors for its Apple Car and is in discussion with a number of potential partners, […]
TipRanks 3 Stocks Flashing Signs of Strong Insider Buying For an individual investor to beat the market, you need an edge. Investing strategies come in different forms and you can rely on several factors to achieve the end goal of strong returns. Be it following analyst ratings, upcoming catalysts or […]
External View of the Apple store on Fifth Avenue on August 19, 2020 in New York City. VIEW press | Corbis News | Getty Images Tesla has been called “the Apple of the automotive industry” for the amount of technology in its vehicles. But as Apple is in talks to […]