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Apple Inc. is canceling a decade-long 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 was hoping to white label a Chinese ev and slap an iPad in it but the trade war is too hot now for them to deliver.
You joke but it’s not terribly far off.
Their real hope was to get Hyundai Kia to build EVs for them. While letting Apple act like they were the majority stakeholder of the deal.