Personally, I’m skeptical that Apple will ever make its own “Apple Car” from scratch, but, if I’m wrong, this is good news for the tech giant: Lomiko Metals Inc, says it’s monitored news from automakers in 2020 and sees a “strong trend” toward electric vehicle (EV) adoption by consumers.
A report by Deloitte’s global automotive team predicts that by 2030, EVs will likely account for 81 % (25.3 million) of all new EVs sold. The global EV forecast is for a compound annual growth rate of 29%.
Volkswagen was the first automaker to commit to the Paris Agreement and aims to become climate neutral by 2050. Under its long-term planning for the next ten years, the Group intends to launch some 70 all-electric models by 2030. Around 20 of these are already in production, with 50 more to follow. The Planning Round envisages production of approximately 26 million fully electric cars by 2030. The Group plans to spend some €35 billion on e-mobility alone.
GM is also on its way to an all-electric future, with a commitment to 30 new global electric vehicles by 2025. GM is positioned to design, engineer, and produce EVs for every style and price point, and are rapidly building a competitive battery strategy.
BMW is on track to double its electric and hybrid vehicle sales in 2021 as the company announced that it will meet its target of marketing 25 electrified vehicle models by 2023. More than half of those models will be fully electric. Sales of BMW’s electric models are expected to increase by 30% every year between now and 2025.
An “Apple Car” will almost certainly be an electric vehicle. However, I think Apple will work with current auto makers to incorporate its various (and many) vehicle technologies into heir products rather than building its own automobile.