An Apple car has been in the works, at least in fits and spurts, since 2015. The big question for most people remains … WTF is Apple going to build a car? It’s not at all clear what value they add. To quote Hal Eddins, chief economist at Apple shareholder Capital Investment Counsel, “My initial reaction as a shareholder is, huh? Still don’t really see the appeal of the car business, but Apple may be eyeing another angle than what I’m seeing.” That about sums up everyone’s opinion.
A lot of the hype seems to be around battery technology, but see the note above about solid-state batteries. Apple is “good” at batteries, but it’s hard to see how that makes the car business make sense to them. But then I started thinking about this quotation from an unnamed Apple insider, on the battery team: “It’s next level,” the person said of Apple’s battery technology. “Like the first time you saw the iPhone.” Which got me thinking. That, of course, is BS — technologists like to think such things, but I guarantee you, no one is going to look at their new, fancy battery and think “this changes the world the way the iPhone did”. But, what if the whole thing is the iPhone?