The Taiwanese company has built a manufacturing hub in Zhengzhou, China, for its star customer Apple, but it is starting almost from scratch in the auto business.
More capable autonomous driving is just one way Chinese automakers are threatening to pull ahead — their E.V.s are also becoming bigger and roomier.
Internal disagreements over the direction of the Apple car led the effort to sputter for years before it was canceled this week.
The tech giant has dropped its electric vehicle project, but some of the development at the heart of the project has helped power other products and services .
The tech giant has dropped its electric vehicle project, but some of the development at the heart of the project has helped power other products and services .
The car, which Apple spent billions of dollars researching, had been intended as a rival to Tesla’s E.V.s, which include autonomous driving features.
The companies that make iPhones are bringing their factories to one corner of India, to graft them onto a network of manufacturers.
Tesla is highly traded, and Elon Musk’s sale of more than $16 billion worth of stock last year did not appear to push share prices lower.
Tesla is highly traded, and Elon Musk’s sale of more than $16 billion worth of stock last year did not appear to push share prices lower.