Report: Apple mulling potential partnership with Rivian

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Earlier this year, Apple canceled its decade-long Project Titan electric car initiative, but a new report from DigiTimes says that Apple’s electric vehicle ambitions might not be over. According to the story, Apple is “assessing the possibility of teaming up with a certain US EV startup, and Rivian is a very likely candidate.”

The report says that there is “speculation among supply chains” that Apple is investigating teaming up with an EV startup. DigiTimes suggests that Apple could take its 10 years of EV and autonomous driving research and team up with another company instead of making its own car.

While it’s “uncertain what form such a collaboration could take,” this report suggests that Rivian is the leading candidate, based on supply chain sources.

There are no other details provided in the DigiTimes report. It’s unclear what a partnership between Apple and Rivian would look like – or whether Rivian would even be interested in such an arrangement. Still, at least based on DigiTimes supply chain sources, it’s something Apple is “studying.”

9to5Mac’s Take

As much as I’d love to see a partnership between Apple and Rivian, I’m choosing not to get my hopes up about this one. The report is scarce on details, and sounds as if it’s based purely on speculation among Apple’s suppliers. I’d wait for something more concrete before getting too excited.

Perhaps most importantly, Apple could provide Rivian with some crucial cash as the company enters the challenging process of ramping up production of its new R2, R3, and R3X cars.

Do you think Apple should team up with Rivian? What kind of collaboration could Apple have in mind? Let us know down in the comments.

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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Report: Apple mulling potential partnership with Rivian

Earlier this year, Apple canceled its decade-long Project Titan electric car initiative, but a new report from DigiTimes says that Apple’s electric vehicle ambitions might not be over. According to the story, Apple is “assessing the possibility of teaming up with a certain US EV startup, and Rivian is a very likely candidate.”

The report says that there is “speculation among supply chains” that Apple is investigating teaming up with an EV startup. DigiTimes suggests that Apple could take its 10 years of EV and autonomous driving research and team up with another company instead of making its own car.

While it’s “uncertain what form such a collaboration could take,” this report suggests that Rivian is the leading candidate, based on supply chain sources.

There are no other details provided in the DigiTimes report. It’s unclear what a partnership between Apple and Rivian would look like – or whether Rivian would even be interested in such an arrangement. Still, at least based on DigiTimes supply chain sources, it’s something Apple is “studying.”

9to5Mac’s Take

As much as I’d love to see a partnership between Apple and Rivian, I’m choosing not to get my hopes up about this one. The report is scarce on details, and sounds as if it’s based purely on speculation among Apple’s suppliers. I’d wait for something more concrete before getting too excited.

Perhaps most importantly, Apple could provide Rivian with some crucial cash as the company enters the challenging process of ramping up production of its new R2, R3, and R3X cars.

Do you think Apple should team up with Rivian? What kind of collaboration could Apple have in mind? Let us know down in the comments.

FTC: We use income earning auto affiliate links. More.


Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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