Lately, the web has been abuzz with some incredible rumors - it seems that Apple could be secretly working on a electric car. Sure, this does sound crazy, but the fact that Apple isn't denying at all could suggest that they are indeed working on something amazing.
However, according to a fresh report coming from Bloomberg, it might take a while until we will see the first Apple car. The reputed business publication claims that the Cupertino tech giant is gunning for a manufacturing start date of 2020. Journalist Tim Higgins is saying the following:
"Apple Inc., which has been working secretly on a car, is pushing its team to begin production of an electric vehicle as early as 2020, people with knowledge of the matter said."
Automakers typically spend five to seven years developing a car, but it seems that Apple wants to have its first automobile ready in about 5 years from now. The report says that Apple is being so aggressive because both Tesla Motors Inc. and General Motors Co. are targeting a 2017 release of an electric vehicle.
Apple has already hired many former Tesla employees, so it seems to be gathering enough manpower to invest in the project. Apple is hiring a specialized team for the project, allegedly codenamed "Titan," including experts in batteries and robotics, with the number being close to 200 people.