City
Epaper

Apple's shift from EVs to AI draws diverse reactions among influencers

By IANS | Updated: February 29, 2024 21:05 IST

New Delhi, Feb 29 A rise in discussions related to "Apple" among influencers on the "X" platform has ...

Open in App

New Delhi, Feb 29 A rise in discussions related to "Apple" among influencers on the "X" platform has been witnessed in the last week of February after reports emerged about Apple's decision to discontinue its electric vehicle (EV) project, a new report revealed on Thursday.

According to the leading data and analytics company GlobalData, influencers expressed mixed sentiments on Apple's EV project cancellation, with some viewing it as a wise reallocation of its focus towards artificial intelligence (AI).

"Though the move is expected to impact employees and bring about a change in industry dynamics, there is speculation that Apple may still impact the automotive sector through software and services rather than manufacturing," said Smitarani Tripathy, Social Media Analyst at GlobalData.

A few popular influencer opinions captured by the report are - "I have lost the count of how many times we have heard about #AppleCar project starting, halting & closing. Hope this is the last. Another reason for @Apple choosing to shutter the project is #ElectricVehicles losing sheen & revival of interest in #Hybrid & ICE cars... where $aapl will find it hard to differentiate," said Prakash Sangam, Founder of Tantra Analyst.

"Big New in Tech: @Apple car project cancelled. Perhaps it's a sigh of relief for @Tesla and many other automakers. IMO Apple should buy @Ford and revamp it!" Sarbjeet Johal, Technology Analyst and GTM Strategist mentioned.

Reaction from John Voelcker, Contributing Editor at Car and Driver Magazine stated: "Apple Inc will cancel its decade-long effort to build an #EV, abandoning one of the most ambitious projects in its history. The company disclosed the decision today, surprising nearly 2,000 employees working on the project. Hot Take: It NEVER made sense."

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalTrump threatens sanctions on countries purchasing Iranian oil, petrochemicals

NationalAdopt precautions to deal with fire at Bandhwari landfill site in Gurugram: Deputy Commissioner

NationalHindu groups in Bhopal call for protest against 'love-jihad' today

InternationalTrump nominates Mike Waltz as UN ambassador, announces Marco Rubio as national security adviser

NationalHindu activist murder case: Police deployed to Karnataka's Mangaluru; three teams hunt for accused

Technology Realted Stories

TechnologyZoho CEO Sridhar Vembu has no ‘confidence in tech’, shelves $700 million chip plan

TechnologyYouTube commits Rs 850 crore to power India’s ‘Creator Nation’: CEO Neal Mohan

TechnologyApple clocks 28 pc growth in iPhone shipments in India: Industry data

TechnologyNHRC asks 11 states to boost measures to prevent heat-related deaths

TechnologyNRAI and ONDC refute speculative reports, reaffirm strong partnership