As reported, Wedbush analyst Dan Ives state that it is expected that Apple will reveal its high profile at some point in the next 3-6 months. The confidential internal project “Project Titan’ that is the company’s self-driving car project.
Ives revealed this information in an interview with the media. He reiterated Wade Bush’s view on the show that Apple will not actually release cars for consumers until at least 2024.
Apple will not release car products until a few years later, before that, Apple requires to release some information about the vehicle in order to lay the foundation for Apple cars. He believes that Apple will make public its car plans sometime this summer.
When asked about the timetable for Apple to build cars, Ives said that Apple needs to “find a partner” for its self-driving cars, which coincides with previous reports.
It was previously reported that the technology giant has been negotiating with several automakers to cooperate in the production of Apple cars.
In the past many years, there have been rumors that Apple is developing self-driving cars. There have been reports in the past few months that have further confirmed the company’s ambition to enter the auto market.
Ming-Chi Kuo, a well-known Apple analyst, believes that Apple will not release an Apple car until at least 2023.
It is expected that the car will be produced and maker by a third-party contractor, but it will still use the Apple brand. Recently, Apple was “very close” to signing an agreement with LG and Magna to jointly produce Apple cars.