Apple cancels its decade-long electric car project

Apple has decided to halt its ambitious plans for ‘Project Titan’, according to a reliable insider.

The tech giant, which had been secretly working on the project for several years, reportedly encountered numerous challenges and roadblocks, leading to the cancellation of the initiative.

Titan falls

Initially aiming to rival leading electric vehicle manufacturers, the company faced hurdles such as technological complexities, supply chain issues, and intense competition in the rapidly evolving electric vehicle market.

Despite significant investments in research and development, Apple ultimately chose to redirect its resources towards other promising ventures.

Several employees working on the electric car project will be moved to the firm’s artificial intelligence (AI) division, according to Bloomberg News, which first reported the development.

Gen AI

Apple’s decision to hold back in the AI race has drawn attention, especially given the increasing role AI plays in shaping the future of technology.

With its rivals already at the forefront, Apple seems poised to break its silence and bridge the gap in incorporating this breakthrough technology.

Industry analysts suggest that Apple’s belated entry into the AI arena might be a strategic move, allowing the company to observe and learn from the experiences of its competitors.

The tech giant has a reputation for meticulous planning and delivering refined products, and this delay could signify a well-thought-out strategy to ensure a seamless integration of AI without compromising its standards.