The last six years of speculation about the so-called Apple Car have been a roller coaster ride. The first Apple was reportedly building a car. So the company was not building a car, just the insides of a vehicle. More recently, sources told CNBC that Apple will manufacture an autonomous car with Hyundai and Kia in Georgia. Now that can also be out.
Apple is one of the most valuable companies in the world and can become much more valuable if it succeeds in cars – the global car and mobility market is worth about $ 10 trillion compared to the $ 715 billion smartphone market, according to Mordor Intelligence.
Apple did not respond to a request for comment.
Watch the CNBC dive in the Apple car to learn more.