Apple’s first-generation of electric vehicles is reportedly seen as an opportunity to gauge the project’s marketability, quite than a true mass-market vehicle. Don’t be shocked if prices increase, a minimal of on some fashions, due to diminished provide. When new-car manufacturing slowed early within the pandemic, consumers shifted to used autos, shrinking provide and boosting costs. The chip scarcity is one other factor that’s more probably to maintain this trend. It’s unlikely to happen with standard vehicles, but there is a robust likelihood with electrical automobiles.
It’s a highly formidable project, and rumors point out that Apple desires to design a car with no steering wheel and no pedals. Demand for vans, SUVs and different autos is powerful, but buyers are rising pissed off due to lack of inventory and high costs. U.S. light vehicle gross sales fell almost 18% in August compared with a yr in the past, whereas …Read more