Apple iCar in 5 years time?

Apple iCar in 5 years time? Apple wants to be selling cars in 5 years

 

apple car steve jobs bmw

REUTERS/Toru Hanai

Someone put Steve Jobs’ portrait on a BMW.

Apple plans to start producing electric cars as soon as 2020, according to a new report by Bloomberg.

It’s just the latest in a recent string of reports about Apple’s plans to enter the automotive industry.

What seemed like a crazy rumor a couple weeks ago, when an Apple employee first emailed Business Insider about it, has now been confirmed by multiple news outlets.

Bloomberg says that Apple has 200 people working on the project, which matches earlier reports that say “hundreds” of people are on the team. Apple may also scrap the project if it’s not working, as the company has done with other secret projects.

The project is being led by Steve Zadesky, who ran iPhone and iPod development at the company and started his career as an engineer at Ford.

TECH FEB. 20, 2015, 7:57 AM
Read more at http://www.businessinsider.my/apple-wants-to-be-selling-cars-in-five-years-2015-2/#c5EdMpv5Mjgp0tsd.99

image: https://static-ssl.businessinsider.com/image/54e6767d6da8116c467873d2-1200-924/apple-car-steve-jobs-bmw-11.jpg?maxX=600

#AppleCar #SteveZadesky #iCar #WanxiangGroup #A123Systems

________________________________________________________________

Apple poaching lawsuit ‘proof’ US tech giant is developing electric car

Apple has been sued by developers of an advanced automotive car battery for allegedly poaching key employees, providing evidence that the US tech giant is working on an electric vehicle.

The lawsuit, filed in Massachusetts by A123 Systems, claims 5 employees were recruited by Apple in violation of a non-compete clause in their contracts.

The complaints allege that Apple “tortiously interfered” with those agreements by “poaching” employees.

A123 is a subsidiary of Chinese car parts giant Wanxiang Group, which invested in the Massachusetts firm in 2013.

Apple did not respond to a query on the lawsuit and has not commented on reports in recent days that it was developing its own electric car.

The Wall Street Journal reported Apple had hired hundreds of people for the project – code-named “Titan” – which could be a car that incorporated some of the technology used on iPhones and iPads.

Bloomberg said production of an electric car could begin as soon as 2020.

The move, according to the Journal, would allow California-based Apple to expand its product offerings over the long term to reduce its dependence on phones and tablets.

This month, Apple became the first company to be valued at over US$700 billion after recently posting an unprecedented US$18 billion in quarterly profits.

Wamsi Mohan, analyst at Bank of America-Merrill Lynch, said he viewed an “iCar” as unlikely, but suggested that Apple might be working on an improved technology platform for connected vehicles.

In a note to clients, Mohan said of the Apple car speculation: “There is no clear technology adjacency to existing products.” He also noted that “the margins and returns are significantly lower than existing products”.

Mohan added that Apple “largely operates an outsourced manufacturing model that does not exist for automobiles“.

On the other hand, the analyst said that Apple could introduce “an operating system for the car that connects all the electronics/infotainment sub-system and sensors”.

Ben Reitzes, of Barclays, said the Apple effort “makes sense to us down the road, given the car is becoming a natural extension of the connected home and mobile ecosystem.”

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Robert Chaen

Global CEO-Founder of ChangeU and Movsha Movers & Shakers, Hero-CEO Whisperer, Writer, The #1 Alpha Change Expert, Father of Asian FireWalking Robert Chaen is an International Keynote Speaker, writer, researcher, and corp games designer. He is famously known to be the “Hero-CEO Whisperer”, 1-on1 coaching with many CEOs and Celebrities for corporate strategies, staff & office political issues, personal branding, and even public figure OSHA safety drilling called Drager Defense. He has transformed CEOs and managers in Coca-Cola China, TVB Hong Kong, Cathay Pacific, Hong Kong Airport Services, VADS, TM, Public Bank, Auditor General's Office Maldives, etc. He is the prolific creator and online Author of innovative management tools such as DragonCEO, Diamond Leader, Papillon Personal Effectiveness, OSHA Drager Defense, KPI Bank, etc. He is also the Founder of Movsha, an international networking with monthly mingles with MOVers & SHAkers, Angels, Entrepreneurs, CEOs, Celebrities, HR-PR-CSR, HODs, and the Most Influential IDEA people. ​Chaen is widely considered as one of the top International Platform Keynote Speakers for Resorts World Genting Senior Management Conference (Manila), 7-Eleven HK, Samsung, Coca-Cola China Mini-MBA @Tsing Hua University, Cathay Pacific, Hong Kong Jockey Club, The Story Conference where he interviewed Datuk Kamarudin (Chairman of AirAsia) and Siti Nurhaliza. He has been widely featured in TVB, AWSJ, CNBC, SCMP, The Star, and Sin Chew. As “The Father of Asian FireWalking”, he coached TVB celebrities (Ekin Cheng Yee-Kin) to walk on 650°C fire; and raised HK$68M in the world’s 1st and only live TV Charity FireWalk (TVB Tung Wah Charity Show), before Tony Robbins even came to Asia. If Robert can get you to walk on 650⁰C fire, he can inspire you to be THE BEST. He champions CN-HK-EU-US Tycoons to be philanthropic, and to be angel investors to support the next generation of Jack Mas, Steve Jobs, Richard Bransons, Steven Spielbergs, or Barrack Obamas. With some slick motivational speakers with fake doctorates out there, graduates often describe Robert to be "the most credible, empowering, truthful Coach" who believe in his graduates to believe in themselves. ​However, clients have described Robert as "The #1 Cool Badass Alpha Change Expert". He has the coolest first class stature, rapport and trust from clients. He will not hesitate to tell the badass truth ever so gently because clients are paying him big bucks to reveal the truth, find solutions, persuade the hostile HODs, and align cross-teams within the organization. Originally based in Hong Kong for 20+ years, he had worked with top Branding/Ad agencies at J Walter Thompson and Leo Burnett, and was a certified FranklinCovey (7 Habits) in USA, and NLP MasterCoach (USA). His warmth is known to soften the most hardened, resistant sceptics. He will inspire your team to Go for Top 1, or to be a Dragon CEO. With boundless energies, Robert owns 15+ successful business Joint-Ventures, and created unique products under his global VC network called Chaen's Angels VC. He is deeply passionate about ChangeUTH Youth CSR, Science-Based Medicine (vs. quackery), short films and Reality TV. Touched by a personal tragedy through the loss of his HK-born Portuguese wife, co-coach and business partner, Brenda José of 18 years, Robert explores the many ways in which the spirit world is communicating with the living with real scientific studies and evidence. He gives inspiring conferences on The Secret Afterlife.

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