New Lawsuit Hints at Apple Trying to Get Into the Auto Industry

/ 1 year ago


There have been rumours that Apple is thinking about taking a bite out of the auto industry soon. A newly filed lawsuit might confirm Apple’s intention, having A123 Systems, the company that makes car batteries for the big name auto makers, sue the Cupertino giant for trying to steal their employees.

Analysts in the industry have discussed what Apple might have in the works and the lawsuit now slowly confirms their findings. Apple has made $13 billion and $18 billion in the last two quarters and that’s about the sum spent by all automakers combines for four months of research and development.

However, the analysts state that electric cars are too expensive for just one owner. This means that we might be looking at a future where electric autonomous cars are shared between people and come at a monthly subscription, kind of like Uber if you think about it. This will drop the cost of charging the cars and having them running around 24h a day. If you think about it, it’s not all that bad. We might even cut down on parking space problems in highly dense populated areas for instance.

All in all, if the above tends to be more cost efficient, this means Tesla Motors should start changing its business plan too. Though Tesla does offer a lot of classy electric cars for owners using the same model as traditional car dealerships, the cost for maintaining and charging such a model still proves a big drawback for it to reach a wide consumer market. But are shared electric autonomous vehicles really the future?

Thank you Sci-Tech Today for providing us with this information
Image courtesy of TechnoBuffalo

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