https://www.bloomberg.com/news/articles/2024-02-27/apple-cancels-work-on-electric-car-shifts-team-to-generative-ai Skip to content Bloomberg the Company & Its ProductsThe Company & its Products Bloomberg Terminal Demo RequestBloomberg Anywhere Remote Login Bloomberg Anywhere LoginBloomberg Customer SupportCustomer Support * Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers + Bloomberg Anywhere Remote Login + Software Updates + Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 * Company + About + Careers + Diversity and Inclusion + Tech At Bloomberg + Philanthropy + Sustainability + Bloomberg London + Bloomberg Beta + Gender-Equality Index Communications + Press Announcements + Press Contacts Follow + Facebook + Instagram + LinkedIn + Twitter + YouTube * Products + Bloomberg Terminal + Data + Trading + Risk + Indices Industry Products + Bloomberg Law + Bloomberg Tax + Bloomberg Government + BloombergNEF * Media + Bloomberg Markets + Bloomberg Technology + Bloomberg Pursuits + Bloomberg Politics + Bloomberg Opinion + Bloomberg Businessweek + Bloomberg Live Conferences + Bloomberg Radio + Bloomberg Television + News Bureaus Media Services + Bloomberg Media Distribution + Advertising * Company + About + Careers + Diversity and Inclusion + Tech At Bloomberg + Philanthropy + Sustainability + Bloomberg London + Bloomberg Beta + Gender-Equality Index Communications + Press Announcements + Press Contacts Follow + Facebook + Instagram + LinkedIn + Twitter + YouTube * Products + Bloomberg Terminal + Data + Trading + Risk + Indices Industry Products + Bloomberg Law + Bloomberg Tax + Bloomberg Government + Bloomberg Environment + BloombergNEF * Media + Bloomberg Markets + Bloomberg Technology + Bloomberg Pursuits + Bloomberg Politics + Bloomberg Opinion + Bloomberg Businessweek + Bloomberg Live Conferences + Bloomberg Radio + Bloomberg Television + News Bureaus Media Services + Bloomberg Media Distribution + Advertising * Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers + Bloomberg Anywhere Remote Login + Software Updates + Manage Contracts and Orders Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Sign InSubscribe Live TV Markets Economics Industries Tech Politics Businessweek Opinion More US Edition Subscribe Apple Car: Who Led the Effort?Management TurnoverApple Cancels Electric Car CarPlay StrategyExec Leaves for Rivian BackForward Technology Apple to Wind Down Electric Car Effort After Decadelong Odyssey * Executives tell staff to end work on endeavor known as Titan * Employees on some car teams will move to Apple's AI division Apple Inc. is canceling a decadelong effort to build an electric car, according to people with knowledge of the matter, abandoning one of the most ambitious projects in the history of the company. Mark Gurman reports.Source: Bloomberg Gift this article Have a confidential tip for our reporters? Get in Touch Before it's here, it's on the Bloomberg Terminal LEARN MORE By Mark Gurman February 27, 2024 at 1:59 PM EST Updated on February 27, 2024 at 4:16 PM EST Save Apple Inc. is canceling a decadelong effort to build an electric car, according to people with knowledge of the matter, abandoning one of the most ambitious projects in the history of the company. Apple made the disclosure internally Tuesday, surprising the nearly 2,000 employees working on the project, said the people, who asked not to be identified because the announcement wasn't public. The decision was shared by Chief Operating Officer Jeff Williams and Kevin Lynch, a vice president in charge of the effort, according to the people. Have a confidential tip for our reporters? Get in Touch Before it's here, it's on the Bloomberg Terminal LEARN MORE HomeBTV+Market DataOpinionAudioOriginalsMagazineEventsNewsletters News MarketsEconomicsTechnologyPoliticsGreenCryptoAI Work & Life WealthPursuitsBusinessweekCityLabEqualityPursuitsWork Shift Market Data StocksCommoditiesRates & BondsCurrenciesFuturesSectorsEconomic Calendar Explore NewslettersQuicktake ExplainersThe Big TakeGraphicsSubmit a TipAbout Us Terms of ServiceDo Not Sell or Share My Personal Information TrademarksPrivacy Policy CareersMade in NYCAdvertise Ad Choices Help(c)2024 Bloomberg L.P. All Rights Reserved.