"MIT Engineering Professor John Leonard and Bloomberg's Tim Higgins discuss Apple's rumored electric car project. They speak on “Bloomberg West.”
Will Apple buy its way into Electric Cars space? Tesla is "not for sale", but they can be in some kind of partnership with Apple. Apple can outsource the whole power-train to Tesla and concentrate on the design and its brand. Another wild card in all this game is Foxconn - is it building its own electric car or will produce electric cars for Apple like iPhones and iPads?In any case this is the great validation for the electric cars and Apple will bring the catalyst to our lithium industry. With its cash position Apple can build one of the best R&D teams in lithium batteries in the world and legal battle with A123 is the first indication of things to come.
Now Bloomberg reports more details about Apple Electric iCar programme. We are getting ready!