Apple (AAPL) to Produce Electric Cars by 2020: Report

Apple (AAPL) plans to start producing electric vehicles as early as 2020, according to Bloomberg, citing people with knowledge of the matter. Cupertino is pushing its car team of about 200 people to meet that goal. Automakers typically spend five to seven years developing a car, underscoring the new project’s aggressive goals, Bloomberg said. The […] View the full post at: Apple (AAPL) to Produce Electric Cars by 2020: Report Related posts: New V-Vehicle Co. to Manufacture Fuel-Efficient Cars Sony Developing New Line of Gadgets to Rival Apple May Trade Balance Report