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What’s going on with Apple’s autonomous electric car?
Apple suddenly caught the eye last week. This was due to reports that the autonomous electric vehicle project, which was being driven with ambition, is progressing smoothly.
The Reuters news ignited expectations of Apple’s car by publishing a single article stating that “Apple plans to launch autonomous electric vehicles in 2024.”
However, Ming Chi Guo, an analyst at TFI Securities, who is famous for being an Apple expert, took to this expectation.
According to CNBC, Ming Qi Guo predicted in an investment report last weekend that “we will be able to see Apple cars in 2025 as soon as possible.” He added: “It is not at all surprising that Apple cars are coming out after 2028.”
Ming Chi Guo is known as an analyst who is well aware of Apple’s plans to launch various products. In particular, he is recognized as an analyst well versed in product trends because he is brilliant with the actions of Apple’s suppliers.
“The market is too optimistic about Apple cars,” he said. “Apple’s artificial intelligence (AI) technology is well below the level of a competitive autonomous car.”
So why are markets bullish on Apple cars?
Ming Qi Guo diagnosed this question as “it’s just a guess.” He also added that it is not a perspective that really comes from covering companies that supply Apple auto parts.
He also stressed that “because the technical specifications of electric vehicles and autonomous vehicles are still evolving, it is still too early to talk about the final specifications of Apple cars.”
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Ming Qi Guo pointed out that for Apple Car to be successful, it must ensure competitiveness in big data and artificial intelligence technologies.
He said: “When the time comes for Apple to launch electric vehicles, companies that have launched autonomous vehicles will accumulate big data, deep learning and artificial intelligence technologies for at least five years. ”He asked the question.
