Apple Inc. has decided to cancel its ambitious project of building an electric car after a decade of effort. The company surprised its 2,000 employees working on the project with the news internally on Tuesday. Chief Operating Officer Jeff Williams and Kevin Lynch, a vice president overseeing the project, shared the decision. This move by Apple marks the end of a significant venture in the company’s history, highlighting the challenges of entering the electric car market.
https://www.bloomberg.com/news/articles/2024-02-27/apple-cancels-work-on-electric-car-shifts-team-to-generative-ai