Apple analyst claims Apple Car might not launch until 2028

A recent Apple Car-related rumour suggested the company might release the electric vehicle in 2024. But known Apple analyst Ming-chi Kuo refutes this claim, saying the date is too premature. He speculates the launch will be between 2025 and 2028, with 2028 the more realistic estimate.

Kuo points out the problems with the earlier timelines. One is that there isn't any specification or actual suppliers for this rumoured vehicle. And that Apple rarely launches something big and this expensive without some form of competitive market advantage.

He believes Apple will bank on software instead of hardware, particularly in AI and big data, which Apple is still a long way away from developing these elements.

It doesn't wholly discount, though, that Apple might be making innovations in the battery space or using LIDAR to serve as the EV's eyes and ears. But for now, you have to buckle up because it seems the wait for Apple's electric car will take a while.

Source: SlashGear