What’s going on with Apple’s self-driving electric car?
Apple suddenly caught the spotlight last week. This was due to reports that the self-driving electric vehicle project, which was being promoted ambitiously, is progressing smoothly.
Reuters news ignited the expectations of the Apple car with a single article stating that “Apple is planning to release self-driving electric vehicles in 2024.”
However, Ming Chi Guo, an analyst at TFI Securities, who is famous for being an Apple expert, poured cold water on these expectations.
According to CNBC, in an investment report last weekend, Ming Qi Guo predicted that “we will only be able to see Apple cars in 2025.” He added, “It’s not surprising at all if Apple cars come out after 2028.”
Ming Chi Guo is known as an analyst who is well versed in Apple’s plans to launch various products. In particular, he is recognized as an analyst well versed in product trends because he is bright with the actions of Apple suppliers.
“The market is overly optimistic about Apple cars,” he said. “Apple’s artificial intelligence (AI) technology is far below the level of a competitive self-driving car.”
So, why are the markets optimistic about Apple cars?
Ming Qi Guo diagnosed this question as “it’s just a guess.” He also added that it is not a prospect that came from actually covering companies that supply parts for Apple cars.
He also emphasized, “Because the technical specifications of electric vehicles and autonomous vehicles are still evolving, it is still too early to talk about the final specifications of Apple cars.”
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Ming Qi Guo pointed out that in order for Apple Car to succeed, it must secure competitiveness in big data and AI technologies.
He said, “When it comes time for Apple to release electric vehicles, companies that have launched autonomous vehicles will accumulate big data, deep learning, and AI technologies for at least five years. ”Asked the question.