Apple is planning to accelerate the development of its electric self-driving car, making it fully autonomous and a potential launch in 2025.
Reportedly, Apple has investigated two potential options for its self-driving car: a vehicle that can fully drive itself without human intervention or a model with limited autonomous abilities like the current production vehicles.
Morgan Stanley’s Expectations:
The investment bank Morgan Stanley advised clients about their “Apple Cars” expectations. The bank expects a disruption of stocks of rival car companies and becomes the ultimate electric car bear market case. The banks’ general view is that Apple, joining the autonomous driving market, will negatively impact the auto market. Further, they believe individuals will not purchase the vehi...
