Apple might take until 2027 to launch its ambitious car: Kuo

Just over a week before, a Reuters report claimed that Apple is targeting 2024 to begin the production of its first electric passenger automobile which has been in development for a while today under the name Project Titan. Since the report came outthat the business has been abuzz with speculations and whether Apple’s entry to the auto industry will catalyze a significant industrial change. However, it appears that we might have into a little longer for the debut of Apple’s automobile. According to TFI Securities analyst Ming-Chi Kuo – with a stellar track record with predictions linked to Apple’s company – the car will be released at 2025–2027 in the oldest.

READ MORE: Apple might eventually start constructing its own auto in 2024, claims bombshell Reuters report

Market volatility and quality problems might even delay it till 2028

&ldquoWe predicted in a prior report that Apple will start Apple Car at 2023–2025 […] Howeverour latest poll indicates that the present development schedule of Apple Car isn’t clear, and when development starts this season and everything goes well, it will be launched in 2025–2027 in the oldest,” Kuo was quoted as saying at a research note obtained by Macrumors. “Due to changes in the EV/self-driving market and Apple’s high quality standards, we wouldn’t be shocked when Apple Car’s launch schedule has been postponed into 2028 or later. ”

On the other hand, the road ahead might not be as easy for Apple as one would expect from a company with such deep pockets and resources. Kuo notes the domain name of self-driving / electric cars isn’t just about hardware, even as large info / AI is also a huge part of the puzzle here. Kuo notes by now Apple’s automobile is ready for prime time, older players at the section will have gained more expertise in the field of AI, ML and enhanced their self-driving as well as battery technologies as a whole, hence possibly providing a more polished product at a cheaper price.

READ MORE: Tim Cook refused a meeting to discuss Apple’s acquisition of Tesla, claims Elon Musk

Filling this gap enormous is some thing that Apple will probably be a significant barrier for Apple. The TFI Securities analyst also raised a cautionary alert for investors who might be somewhat overly eager on Apple’s automobile ambitions and reaping its benefits. Kuo mentions that Apple’s record using a new company (or product) has not always met with an overwhelming success (or at least originally ), and there are a ton of production and supply challenges at the notoriously volatile automobile industry which Apple has to handle early on. 

(Image Credit: Concept Creator / LetsGoDigital)

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“@context”:”https:\/\/schema.org”,”@type”:”Article”,”headline”:”Apple might take until 2027 to launch its ambitious car: Kuo”,”description”:”The volatility of self-driving \/ electric car market and the high quality standards of Apple may even push the launch to 2028 or beyond.” ,”datePublished”:”2020-12-27″,”datemodified”:”2020-12-27″,”image”:”@type”:”imageObject”,”url”:”https:\/\/pocketnow.com\/wp\/. . \/files\/2020\/12\/apple_car_conceptcreator_letsgodigital.jpg”,”height”:695,”width”:1624,”publisher”:”@type”:”Organization”,”name”:”Pocketnow”,”sameAs”:[“”,””,””],”logo”:”@type”:”imageObject”,”url”:””,”author”:”@type”:”Person”,”name”:”Nadeem Sarwar”,”sameAs”:[“”,””,””],”articleBody”:”Just over a week ago, a Reuters report claimed that Apple is targeting 2024 to start the production of its first electric passenger car which has been in development for a while now under the name Project Titan. Ever since the report came out, the industry has been abuzz with speculations and whether Apple’s entry into the automobile sector will catalyze a major industrial shift. However, it appears that we might have to a bit longer for the debut of Apple’s car. As per TFI Securities analyst Ming-Chi Kuo – who has a stellar track record with predictions related to Apple’s business – the car will be launched in 2025\u20132027 at the earliest. READ MORE: Apple might finally start building its own car in 2024, claims bombshell Reuters report [sc name=\”pull-quote-left\” quote=\”Market volatility and standard problems might even delay it till 2028\” ] \u201cWe predicted in a previous report that Apple will launch Apple Car in 2023\u20132025 [\u2026] However, our latest survey indicates that the current development schedule of Apple Car is not clear, and if development starts this year and everything goes well, it will be launched in 2025\u20132027 at the earliest,\u201d Kuo was quoted as saying in a research note accessed by Macrumors. \u201cDue to changes in the EV\/self-driving market and Apple’s high-quality standards, we would not be surprised if Apple Car’s launch schedule is postponed to 2028 or later. \u201d However, the road ahead might not be as easy for Apple as one would expect from a company with such deep pockets and resources. Kuo notes that the domain of self-driving \/ electric cars is not just about hardware, as big data \/ AI is also a big piece of the puzzle here. Kuo notes that by the time Apple\u2019s car is ready for prime time, older players in the segment will have acquired more expertise in the field of AI, ML and improved their self-driving as well as battery technology as a whole, thereby possibly offering a more polished product at a cheaper price. READ MORE: Tim Cook refused a meeting to discuss Apple\u2019s acquisition of Tesla, claims Elon Musk Filling this gap huge is something that Apple will be a major challenge for Apple. The TFI Securities analyst also raised a cautionary alarm for investors who might be a bit too keen on Apple\u2019s car ambitions and reaping its benefits. Kuo mentions that Apple\u2019s record with a new business (or product) has not always met with an overwhelming success (or at least initially), and there are a ton of supply and production challenges in the notoriously volatile automobile industry which Apple has to tackle early on. \u00a0 (Image Credit: Concept Creator \/ LetsGoDigital)”

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