“Apple” is heading to compete with “Tesla” with the “iCar” electric car

August 14th

Apple is seeking to enter the electric car market with its new car, the iCar, to compete with Tesla, and by taking advantage of the great progress in manufacturing this type of car. According to one report, the team behind the company’s first car has nearly 1,000 employees. Most of the tests take place at a track formerly owned by Chrysler, located near Phoenix, Arizona, which Apple bought about two years ago for $125 million.

The company plans to keep the iCar (name unconfirmed) below $100,000; So you are likely to target cars like Mercedes EQS, Tesla S, Audi e-tron GT, BMW i7. There is news that the company has finalized the overall design sometime this year, and the model is believed to feature side cameras in place of the traditional mirrors, and also has additional radars and sensors and LiDAR (laser ranging technology). The initial plan was for the car to have Level 5 autonomous driving, but the company soon realized that it was impossible to do this with current technology. So you will equip it with pedals and steering wheel.