Electric Vehicle Checkpoint: Will the Apple Car Be a Porsche?

An Apple Car (or iCar) by computer giant Apple (AAPL) – Get Apple Inc. Report has been rumored for a long time and some meetings with Porsche mean it could be on its way.

Porsche is one of the luxury brands of the German giant Volkswagen (VWAGY) – Get Volkswagen AG Reportwhich wants to give that car group its independence in the coming months.

There are no specifics, but Porsche CEO Oliver Blume said during a video conference on the annual earnings call that his people met with Apple’s people in California last year to discuss joint projects. Blume said Porsche and Apple “continue to talk, but said it was too early for any specifics,” a spokesperson told TheStreet in an email statement.


About the Author

Leave a Reply

Your email address will not be published.

You may also like these