When can we expect to see the iCar hitting the showrooms?
There are thousands of things Apple could improve about the general driving experience we have today, but the iCar is (sadly) not expected to be available for at least another 3 years. The latest date for the iCar to be possibly hitting the streets is 2027. But as Apple has not decided on a manufacturing partner to put their plans into action, this date may be pushed out further. Maybe by the time of launch the iCar could be our own sort of mini on- and off-road space shuttle.
If and when the iCar does become available, it is not expected to be cheap at a predicted price range of $50,000 to $60,000. A Model 3 Tesla currently retails for around $42,000 – a bargain in comparison. But Apple expects its ‘followers’ to be happy to pay a premium for being first adapters of its new, superior, vehicle. Time will tell.
And what about the competition with Tesla? At the moment, Tesla has around 18% of the market of electric vehicles, but Apple could easily top that based on its success with its other products: Apple currently has around 11.8% of the global market share of smartphones and over 40% just in the US. Could this be an indicator of its future EV success?
Once the iCar is released, Tesla and Elon Musk could be out of billions, with Apple eating away Tesla’s market-share. Musk apparently proposed to sell Tesla to Apple in mid 2017, when Tesla was struggling with the production of the Model 3 program and was just a few months away from bankruptcy. But Tim Cook, of Apple, refused to take the meeting. The rest – as they say - is history.
Apple has the money and the means to make a completely self-driving automobile a reality, and with former Tesla engineer Doug Field on their team, they’re clearly sparing no expense when it comes to hiring talent.
Who will win the crown in the EV market? A sleek Tesla or your iPhone on wheels? Or is this, in reality, just a rhetorical question, as we may already suspect or know the answer.
The Apple Car: What To Expect - YouTube
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