Month: September 2016

Apple To Sign New Deals With Lit Motors

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The Apple has already detained several employees from its secret car project and is on the verge of seeking help from several expert agencies. There were talks with the technology giant McLaren, the renowned automaker for Formula One Racers. Apple is said to invest in the company soon. Apple has also extended its talks with Lit Motors. The start-up organization based in San Francisco, the Lit Motors developed motorcycles that feature an electric self-balance. As per confidential sources, Apple is in the process to acquire Lit Motors with talks in progress. It has also recruited many of the former engineers from the Lit Motor Group.

Tesla, Uber, and Google have already capitalized on the driverless car ingenuities, but the Apple Group technologyhad maintained silence. Though Apple was integrally involved with a car project titled Titan, it faced several setbacks in direction and leadership. Bob Mansfield, one of the Apple veterans is expected to take over the project. On the other hand, the Apple’s employees considered the project to be lacking in vision. It was noticed to be a complete disarray. The directional inadequacy resulted in Apple’s pooling of talent resources from the outside world. It is all set to restart the project again with a talent pool from various eminent sources.

Apple is on the mode of revising approaches to bring self-driven cars to the reality soon. While Uber has already started its initiatives for driverless cars, Apple is on its way. With more companies getting into the self-driven car movement, the Federal Auto Safety Regulators have laid down several guidelines that outline the safety and technological expectations to be utilized in automobiles. Thus, Apple’s partnership with McLaren can contribute to a drastic change in the motor industry. Similarly, if Apple’s acquisition plans with Lit Motors gains success, it can remain in the prime slot again. However, there is silence prevailing regarding the potential investment.

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