How auto giants reacted to the winding down of Apple's automotive project

It became known how global concerns reacted to Apple’s refusal to produce an electric car. The American corporation has been developing a battery-powered car for about ten years.

Apple's refusal to develop an electric car came as a shock to Xiaomi. As 110km writes, if Chinese giants like Xiaomi were shocked by this decision, large German brands Volkswagen and BMW do not hide their joy. For many automakers, the American corporation's decision will allow them to postpone complex design projects for new vehicles.

Xiaomi engineers spent three years developing their own electric car. Experts spent about three billion dollars to create the car.. One of the important reasons for such significant costs was the desire to surpass Apple. At the same time, the American corporation has not demonstrated a working prototype of an electric car in ten years of work.

Despite the fact that the news about the closure of the Apple Car project shocked the head of Xiaomi Lei Jun, the top manager said that he would not abandon the automotive direction. And this is not surprising, since the SU7 electric sedan is completely ready for sale.

The car brands Volkswagen, BMW and Mercedes-Benz have a radically different opinion.. The Germans do not hide their joy, since all the forecasts that Apple’s developments could surpass the technological solutions of automakers did not come true. Now manufacturers can abandon complex projects to create vehicles with which they planned to compete with the American corporation.

In 2022, Apple announced that it was temporarily postponing the development of an electric car.. Then experts reported that the premiere of the car would take place no earlier than 2026.