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Apple, Spurned by Others, Signs Deal With Volkswagen for Driverless Cars [The New York Times]

APPLE (AAPL)  More Company Research Source: The New York Times
Last apple earnings: 5/1 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
PDF Image A Volkswagen T6 Transporter van being assembled in Hanover, Germany. Apple has signed a deal under which Volkswagen is to produce self-driving versions of the van to serve as shuttles for the tech giant’s employees. Credit Kirsztian Bocsi/Bloomberg By Jack Nicas May 23, 2018 SAN FRANCISCO — Apple once had grand aspirations to build its own electric self-driving car and lead the next generation of transportation. Over time, the tech giant’s ambitions ran into reality. So Apple curtailed its original vision , first by focusing on software for self-driving cars and then by working solely on an autonomous shuttle for its own use with employees. Now, the tech giant has settled for an auto partner that was not its first choice. In recent years, Apple sought partnerships with the luxury carmakers BMW and Mercedes-Benz to develop an all-electric self-driving vehicle, according to five people familiar with the negotiations who asked not to be identified be [Read more]

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