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...Known as “Project Titan”, Apple’s electric vehicle project was an example of its attempts to diversify beyond its hit product, the iPhone, which still makes up about half of its global sales....
...Apple began to build up Project Titan about a decade ago. In 2017, the company was granted a licence to test autonomous cars in California....
...Those rumours intensified after it granted Intel $8.5bn to beef up chip manufacturing in the country....
...It is not unusual for adoption of new technologies to plateau, and some states, such as Colorado, have had no slowdown, said Nick Nigro, founder of consultancy Atlas Public Policy....
...A version of this article was first published by Nikkei Asia on January 4. ©2023 Nikkei Inc. All rights reserved....
...A version of this article was first published by Nikkei Asia. ©2023 Nikkei Inc on September 6. All rights reserved....
...A version of this article was first published by Nikkei Asia on January 26. ©2024 Nikkei Inc. All rights reserved....
...The sales are being driven by a combination of price cuts at Tesla and Ford this year, tax credits worth up to $7,500 for consumers and greater manufacturing capacity, experts say....
...Electric vehicle sales in the US hit the 4mn mark at the end of June, according to data from consultancy Atlas Public Policy....
...Thus far, the company has retained an exalted status in China, avoiding the fate of other US tech titans, including Google, Meta, Twitter and Micron, which have seen products restricted or outright banned...
...A version of this article was first published by Nikkei Asia on June 30. ©2023 Nikkei Inc. All rights reserved....
...Maga Inc, a pro-Trump super Pac, has booked just $6.5mn....
...are vying for customers’ loyalty during this technology shift, because today’s buyers are more likely to stick with them when they purchase their second electric vehicle, said Nick Nigro, the founder of Atlas...
...Many carmakers have expressed a fear of becoming “the Foxconn of the auto industry”, a reference to the Taiwanese manufacturing group that assembles iPhones. Apple declined to comment....
...The Arizona fabrication facility will be the Taiwanese chip titan’s most advanced manufacturing facility outside its home market and one of the biggest investments the company has made in years....
...Still, very little about its product portfolio indicates that it could surpass Tesla on battery performance or beat Mercedes and BMW when it comes to designing an interior or manufacturing at scale....
...Michael Spellacy, chief executive of Atlas Crest, the company that merged with Archer, is adamant the start-up’s timeline is not aggressive....
...Venture capitalist Michael Moritz has reviewed two books on the current powers of the tech titans. 4....
...Illumina, whose market capitalisation exceeds $50bn, dominates the manufacturing of gene sequencing equipment....
...This puts the South Korean chip titan in more direct competition with TSMC....
...Apple’s ambitions in building a car, a project known as Titan, go back to at least 2014. In 2016 it was widely reported it had scaled back its ambitions and let go of 190 people....
...A version of this article was first published by Nikkei Asia on February 9, 2021. ©2021 Nikkei Inc....
...Additional reporting by Lauly Li, Cheng Ting-Fang and Kim Jaewon A version of this article was first published by Nikkei Asia on November 9 2020. ©2020 Nikkei Inc....
...In Europe, the chief of Atlas Copco, Sweden’s biggest company, has told the FT he is expecting big growth rates in automated manufacturing....
...Facing a similar plight is Amazon, which, despite its position as an ecommerce titan, is struggling to break into luxury’s exclusive inner circle....
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