Apple - an engineering company: company wants to start production of electric cars 2020


Apple accelerates the process of building electric cars and plans to start production in 2020 to compete with Tesla and General Motors (GM), which will launch in two years improved models of the machines they already produce, reports Bloomberg .

Both Tesla and General Motors aims to launch in 2017 of electric cars to run more than 200 miles per charge and that cost under $ 40,000.

The team working on building an electric car branded Apple is composed of 200 members, the company still looking for experts in robotics and production of batteries, according to Bloomberg sources.

Specialists in automotive industry estimates that an experienced manufacturer in the field needs a period of 5-7 years to create a new model of car.

"If you start from scratch, probably talking about ten years. A car requires a very complex technological device," said Dennis Virag, president of Automotive Consulting Group.

In early February, the US manufacturer A123 Systems batteries sued because IT giant has launched "an aggressive campaign" to convince specialists commits to Apple.

A123 indicated that five of its angajÅĢii have already left Apple and that in addition, the American company tried to attract experts in the production of batteries from LG Chem, Samsung Electronics, Panasonic, Toshiba and Johnson Controls.

"Apple is currently developing a battery division to compete in the sector as well as interworking A123" reads the complaint before a court in the United States by the A123.

Also, Elon Musk, CEO of Tesla general, said that Apple is trying to attract employees by offering them signing bonuses worth $ 250,000 and salary increases of 60% of earnings from Tesla.

Car industry requires major investments, costs of production plants can climb to over $ 1 billion. Accordingly, Elon Musk, CEO of Tesla electric car manufacturer, said last year that it is "very difficult" to create a new model of car.

Apple has posted a record profit of $ 18 billion in the first quarter of fiscal year 2015 (October-December 2014), up by 38% over the same period in 2013, while revenues increased by 30% to 74 6 billion dollars to 57.6 billion dollars.

Last year, another IT giant, Google announced its entry into the automotive segment, aiming at the conclusion of partnerships with manufacturers in the automotive industry for the creation of autonomous cars in a few years.

Source: MEDIAFAX

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