Apple is Trying to Launch a Self-Driving Electric Car in 2024

Apple is trying to create a self-driving electric car in 2024. There are claims they will have breakthrough battery technology. Apple’s electric car effort is called Project Titan and the effort started in 2014.

Apple has a monocell battery design. This design allows for more space inside the battery pack. It eliminates pouches and modules.

Tesla does not have pouches and Tesla Battery Day plan is to remove modules.

Apple’s monocell means more active material can be packed inside the battery. Apple is looking at LFP (lithium iron phosphate) batteries. These are the batteries used for Made in China Tesla cars.

Apple’s car might have several lidar sensors for its self-driving. Apple has internally developed lidar units which are used in the iPhone 12 Pro and iPad Pro smartphones.

I own Tesla shares and am a strong believer in Tesla. I see no reason to believe that Apple will be able to leapfrog Tesla. There is nothing in what Apple is doing that indicates their batteries or self-driving will be better.

The speed of Apple’s electric development is unimpressive. They have worked for six years and produced no product.

Apple’s factory and production capabilities does not look impressive. Apple has Foxconn, the Taiwanese manufacturing company with China factories to make their smartphones.

I also own Apple shares. Apple’s electric car efforts will not be lost effort even if the Apple electric self-driving car is too little too late. Apple research into electric car batteries and electric car technology can be used in smartphones and other successful Apple products.

Apple can try to make superior smart electric car systems. Any superior components or software can become part of the systems integrated into cars made by other carmakers. Apple can fail on the whole car but succeed in spinning off superior gadgets, robots, non-car vehicles, drones and other products and services.

I predict that Tesla is still dominates the decade with electric cars and self-driving. I predict Apple continues to dominate in Smartphones and Tablets. Apple will get nice components and batteries that will help extend Apple’s consumer product offerings. Apple will have products that will improve the experience in future self-driving electric cars. I will believe Apple can compete with a self-driving electric car if they come out with something compelling in 2024 or earlier. Until Apple starts releasing some kind of products or services spinning out of Project Titan, I cannot believe that Project Titan is really awesome.

SOURCES- Reuters and analysis by Brian Wang
Written By Brian Wang,