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Apple rumored to be targeting 2020 for rumored Apple Car

<div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p><a href='http://www.imore.com/apple-reportedly-targeting-2020-apple-car-launch' title="Apple rumored to be targeting 2020 for rumored Apple Car "><img src='http://www.imore.com/sites/imore.com/files/styles/large/public/field/image/2015/02/alpine-carplay-press.jpg?itok=pVCAekBp' />[/url]</p> <p>Apple is rumored to be targeting 2020 to start production of the rumored Apple Car (http://www.imore.com/apple-car). That timeline, if at all accurate, could place the company in direct competition with aggressive electric car offerings from industry leaders GM and Tesla. <!--break--> Bloomberg (http://www.bloomberg.com/news/articles/2015-02-19/apple-said-to-be-targeting-car-production-as-soon-as-2020?hootPostID=9f3917f4905f086a568d81c5d794101a) cites unnamed sources:</p>

<p>The timeframe -- automakers typically spend five to seven years developing a car -- underscores the project's aggressive goals and could set the stage for a battle for customers with Tesla Motors Inc. and General Motors Co., both of which are targeting a 2017 release of an electric vehicle that can go more than 200 miles on a single charge and cost less than $40,000.</p>

<p>Recent reports indicate the company's team includes former executives from Ford, Tesla, and Mercedes-Benz (http://www.imore.com/apples-auto-team-said-include-hardware-experts-tesla-ford-and-more).</p> <p>Whether or not Apple is merely exploring the idea of automotive or is actively prototyping cars, one thing is clear — there'll be no lack of rumors for the next... 5 years.</p> </div></div></div><div id="comment-wrapper-nid-30046"></div><img width='1' height='1' src='http://tipb.com.feedsportal.com/c/33998/f/616881/s/43922bbe/sc/15/mf.gif' border='0'/><br clear='all'/>

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