Reuters’ sources have countered yesterday’s rumor of an Apple Car debuting next year. Apparently, the electric vehicle won’t actually debut in 2021, but in 2024, which seems a lot more realistic. They’re also claiming that the automotive project, dubbed “Project Titan,” will boast a revolutionary battery design that would allow for not only increased range, but lower production costs.
“[…] Apple plans to use a unique “monocell” design that bulks up the individual cells in the battery and frees up space inside the battery pack by eliminating pouches and modules that hold battery materials,” a source said.
The battery may also leverage a unique chemistry called lithium iron phosphate (LFP), which is less prone to overheating and thus safer than standard lithium-ion batteries.
”It’s next level,” one person said of Apple’s breakthrough battery technology. “Like the first time you saw the iPhone.”
Another source pointed out that the complexity of car manufacturing might prompt Apple to drop the idea of a branded vehicle entirely, and instead, sell the autonomous self-driving system that it’s working on as a separate product to traditional automakers.
“In order to have a viable assembly plant, you need 100,000 vehicles annually, with more volume to come,” a source said.