Apple and BYD collaborated on a long-range electric vehicle battery project from 2017 to develop a lithium iron phosphate battery system that was intended to be more advanced than existing EV batteries, Bloomberg News reports citing “people familiar with the situation.” Gabrielle Coppola and Mark Gurman for Bloomberg News:
As we wrote at the time, in a Take that ages like fine wine: This is not the only project inside Apple that’s wracked with indecision, disagreement, and waste. This is not an anomaly, it’s closer to the norm. What if a major company had a CEO who was out of his depth, but who could look wildly successful for a decade simply by building out the company’s retail chain that his predecessor devised and iterating/not screwing up products that, again, his predecessor devised? What would happen when real vision was finally required, but the company was hamstrung with an indecisive, myopic CEO with a seemingly unending list of misplaced priorities? – MacDailyNews, March 11, 2024 We are currently about 1/4th of the way to being sustainable with Substack subscriptions. Not a bad start! Please tell your Apple-loving friends about MacDailyNews on Substack and, if you’re currently a free subscriber, please consider $5/mo. or $50/year to keep MacDailyNews going. Just hit the subscribe button. Thank you!
Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post Apple worked with China’s BYD on ill-fated ‘Apple Car’ appeared first on MacDailyNews. You're currently a free subscriber to MacDailyNews. For the full experience, upgrade your subscription. |
Thursday, October 17, 2024
Apple worked with China’s BYD on ill-fated ‘Apple Car’
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