Just when you thought Apple’s top secret car project was dead, the rumor mill has once again started back up.
This time, TF International Securities analyst Ming-Chi Kuo (aka the guy who’s often eerily spot-on with his predictions about unreleased Apple products) believes Apple will release its “Apple Car” between 2023 and 2025.
In his latest investor note (via MacRumors), Kuo says he believes the Apple Car will be the company’s “next star project” and cites several reasons why producing its own car makes sense.
The most obvious reason to release its own car is industry disruption, says Kuo. With new technologies such as augmented reality, autonomous-driving technology, and electrification already bringing about rapid change to cars, the automobile industry is ripe for transformation. Read more…