Now, Apple has progressed to the point where it can state that it is working on a vehicle for consumers according to two anonymous sources who requested anonymity from Reuters since Apple has not publicly divulged its plans. Another source who has seen the battery design for the vehicle say that it can increase the vehicle’s range while “radically” decreasing the cost of purchasing the component. The battery will use a “monocell” design that according to one source, increases the size of the cells in the battery. By eliminating pouches and modules that hold the materials used for the battery, it frees up more room inside the battery pack. This leaves room for more active material to be placed inside the packaging. This will allow the car to travel longer distances before needing to be charged. Apple might use a material called LFP, or lithium iron phosphate. This material is less likely to overheat and is safer than other lithium-ion batteries. According to one person familiar with the plans, the Apple Car’s battery technology is “…next level. Like the first time you saw the iPhone.”
Apple is moving into a completely new product line and it is worth noting that it took Elon Musk 17 years before he was able to put Tesla in the black consistently. Many believe that if any company is up to the challenge of entering the automobile business as a newbie, it would be Apple. One person who worked on Apple’s Project Titan said, “If there is one company on the planet that has the resources to do that, it’s probably Apple. But at the same time, it’s not a cellphone.”
Source: Phonearena
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