Volkswagen CEO Diess says 'not afraid' of an Apple electric car
FRANKFURT (Reuters) - Germany's Volkswagen is not
concerned by any Apple plans
for a passenger vehicle that could include the iPhone maker's
battery technology, its chief executive Herbert Diess said.
Reuters reported in December that Apple may have
progressed enough to build a vehicle for mass markets by 2024, helped by cost
cuts in battery technology.
"The car industry is not a typical tech-sector that you could
take over at a single stroke," Diess was quoted as saying an interview
with Frankfurter Allgemeine Sonntagszeitung.
"Apple will
not manage that overnight," he added.
While Apple's plans are not public, Diess said its intentions as
such were "logical" because the company had expertise in batteries,
software and design, and that it had deep pockets to build on these
competencies.
"Still, we are not afraid," he said.
Volkswagen plans
to develop software needed for autonomous cars in-house to ensure it can
compete against tech firms in the field of electric car data.
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