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Forget iPhones, Apple wants to start selling electric cars in five years

The tech giant has been poaching staff from electric car company Tesla.

Apple plans to start producing electric cars as soon as 2020, according to a new report by Bloomberg.

It’s just the latest in a recent string of reports about Apple’s plans to enter the automotive industry.

What seemed like a crazy rumour a couple weeks ago, when an Apple employee first emailed Business Insider about it, has now been confirmed by multiple news outlets.

Bloomberg says that Apple has 200 people working on the project, which matches earlier reports that say “hundreds” of people are on the team.

It has poached a team of former Tesla employees, including numerous engineers who interned with the electric car company.

Apple may also scrap the project if it’s not working, as the company has done with other secret projects.

The project is being led by Steve Zadesky, who ran iPhone and iPod development at the company and started his career as an engineer at Ford.

READ: More details are emerging of Apple’s plans to develop a car >

READ: First computer, then phones – now Apple is getting in on the car business >

Published with permission from:

Business Insider
Business Insider is a business site with strong financial, media and tech focus.

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