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Bloomberg: The Apple Car is real, and Apple wants to launch it by 2020

Apple Car Launch Date

Where there’s smoke, there’s fire… and this fire could set an entire industry ablaze. The Wall Street Journal reported it, Reuters reported it, Financial Times reported it and now Bloomberg is getting in on the action. The news organization on Thursday night issued a report stating that Apple is indeed working on building its own car and it hopes to release the vehicle by 2020.

Maybe.

Bloomberg’s report has a fair amount of details and background. It also has a colossal hedge:

Apple may decide to scrap its car effort or delay it if executives are unhappy with progress, as they’ve done before with other secret projects, the people said. The car team, which already has about 200 people, began ramping up hiring within the past couple of months as the company sought out experts in technologies for batteries and robotics, said one of the people.

Fair enough.

For Bloomberg’s full report, follow the source link below. For more on the mythical Apple car, follow this link.

Zach Epstein

Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content.

Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment. His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.