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Feature Story
Apple Cancels Work on Electric Car, Shifts Team to Generative AI
Feb 27, 2024 · bloomberg.com
The decision to cancel the project was shared by Chief Operating Officer Jeff Williams and Kevin Lynch, a vice president in charge of the effort. The sources asked to remain anonymous as the announcement was not made public.
Key takeaways
- Apple Inc. is canceling its decade-long project to build an electric car.
- The decision was disclosed internally, surprising nearly 2,000 employees who were working on the project.
- The employees were not identified as the announcement was not public.
- The decision to cancel the project was shared by Chief Operating Officer Jeff Williams and Kevin Lynch, a vice president in charge of the effort.