Apple Halts Electric Car Development, Layoffs Expected

Apple Halts Electric Car Development, Layoffs Expected

In a surprising turn of events, Apple Inc., the renowned American technology company, has decided to cease its efforts to build an electric car. This information, as reported by Bloomberg news agency, is based on sources who prefer to remain anonymous. It is pertinent to note that this ambitious project had been in progress for several years with close to 2,000 dedicated personnel working on it.

This decision by Apple marks the abandonment of one of its most ambitious projects in the company’s history. The news of the project’s discontinuation was reportedly announced internally on a Tuesday. This unexpected announcement left many employees surprised and in disbelief. As of now, there has been no official communication or public announcement regarding this decision.

The employees who were involved in the project are not left high and dry. Many of them could be transferred to divisions within the company that focus on artificial intelligence. However, there will likely be some layoffs as a result of this decision. The exact number of layoffs, though, is still unclear.

The electric car project was initiated by the technology group in 2014 with the visionary aim of developing a fully autonomous electric car. The proposed car was supposed to have a limousine-like interior and state-of-the-art voice control features. However, the project was fraught with difficulties right from the start and struggled to gain traction.