220523_Apple_Project_Titan.pdf
220523_Apple_Project_Titan.pdf
π€― Big question: Is the Apple car π happening or not? π€·πΌββοΈ
Anyways, here are the latest signals π° of the project or maybe all is just a huge diversion to bridge the time until the next big hit π±πΉ?
β‘οΈΒ Canoo, a SPACed EV company is running out of cash π°. Apple might be be interested in the π¨πΌβπ» talent, technology ππ or maybe both? Former Canoo CEO Ulrich Kranz is now a top executive at Apple, should simplify discussions and due diligence https://bloom.bg/3GbuwRq
β‘οΈ Automotive competence: Desi Ujkashevic, one of the top executives at Ford Motor Company for engineering π and safety projects was hired π€ by Apple recently https://bloom.bg/3FfAkZG
β‘οΈ Help from Foxconn π€²? Apple partner Foxconn has ambitions of moving beyond consumer electronics π. An automotive JV was formed with Stellantis already. Foxconn and LuxshareTech - Enterprise, Cloud, Telecom & Industrial Solutions, the second large contract manufacturer are investing in EV ππ development and production https://bit.ly/3LGr0PL. Foxconn is owning a car factory in the U.S. πΊπΈ, taken over from Lordstown Motors Corporation
β‘οΈ Discussions with Nissan Motor Corporation, Hyundai Motor Company (νλμλμ°¨), Magna International and others ended nowhere