Apple's Electric Car Plans May Face Two Major Suppliers Compete in the EV Business.
Apple’s giant technology company’s initiative to launch Apple’s Electric Vehicle may face two major suppliers competing in the EV business soon.
Apple might have sufficient hosting options to launch its Electric Car after it is developed as its partners are now getting into the EV business.
Highlights
- Apple’s first-ever Electric Vehicle will be coming soon in the Automobile Market.
- Two partners of Apple Company are also willing to get into the EV business.
- The main manufacturer of Apple’s first Electric Car is Foxconn and Luxshare.
Apple has been working for a long time to mark its presence in the automobile sector with the latest technology of Electric vehicles. The company has been serving its customers its mobile technology and also holds a valuable place in the all over world and now it also wanted to list in the top automobile sector.
As per the sources, there are some chances of speculation in the news of the first-ever car made by Apple with the latest automobile technology in the Electric form but here a question arises who will manufacture the Apple’s Car?
There is plenty of automobiles company that is well established in the automobile world and also worked with the Apple Company can develop a supply chain for Apple for its Electric Cars.
Apple has many partners in different businesses and its trust with all companies is strong hence now the trust is backed positively as Apple can choose two of its biggest suppliers that have now entered the Electronic Automobile Space.
Two major selected companies Foxconn and Luxshare are said to be the topmost candidate to produce the Apple Car. A report by DigiTimes showed how both the firms have entered the Electronic Vehicle market and can manufacture Electric Cars for Apple.
Company Foxconn is a Taiwan-based equipment manufacturer that confirmed its plan to Build Electric Cars in some popular areas of the US like North America by 2023.
Luxshare, a company based in China that made AirPods for Apple, announced its plan to manufacture Electronic Vehicles last month.
Apple will have the benefit if it selects any one of the two or both of them because both the companies have worked with the Apple Company and have a good relationship with the company.
