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HUGE UPDATE! Apple & Lucid Motors Partnership Potential | 2022

Автор: Building The Future

Загружено: 2022-02-03

Просмотров: 1115

Описание: #Apple #Lucid #elonmusk Lucid Motor surely has a talent for remaining the center of speculation in the SPAC universe, with the latest round of rumors revolving around a potential bond with Apple.
Given the similar design philosophy of Lucid Motors and Apple, it is not hard to believe how the rumors of a partnership between the two began doing the rounds. After all, both companies claim to market refined products that scream luxury. Moreover, both view themselves as disruptors in their respective tech sphere. However, Apple’s EV gambit under Project Titan has created a fresh avenue for an assistance between these two companies. Hello and Welcome to Elon Musk Daily.Don't forget to subscribe to our channel, like this video, and hit the notification bell icon (with a bell sound) to get updated with technology trends.We bring you the video related to an Insane Partnership between Apple and Lucid motors.So stick till the end!The EV company expects to release their initial order of their Lucid Air luxury sedans later this year and continue to look to hone and enhance their already cutting-edge technology. There have been persistent rumors that they may be interested in working with tech giant Apple, but nothing has materialized to date.Lucid Motors Rumored to Enter EV Partnership with Apple.To date, the most significant connection between Apple and Lucid Motors is that of Sir Jony Ive, the former chief designer at Apple who left the company back in 2019. Today, Mr. Ive serves as an operating partner at the SPAC Churchill Capital Corp, which is expected to integrate with Lucid Motors by Q2 2021. However, this connection, on its own, is not enough to deduce a potential partnership. Let’s dig deeper. Apple's greatest ambition is to make a feasible and applicable autonomous electric vehicle,which seems to be just a dream.But the tech giant’s Project Titan is back on track. According to a recent report, “Apple Inc is moving forward with self-driving car technology and is targeting 2024 to produce a passenger vehicle that could include its own breakthrough battery technology.” Apple made a statement in 2017 that it is making efforts to develop a self-driving car.It was reported that the project was “dogged by its size and by the lack of a clearly defined vision of what Apple wanted in a vehicle.” It was also mentioned that the team members protested regarding shifting priorities and arbitrary or unrealistic deadlines and that there were disagreements “about whether Apple should develop a fully autonomous vehicle or a semi-autonomous car that could drive itself for stretches but allow the driver to retake control.” Economic Daily News, a Taiwanese newspaper, citing sources within the supply chain, said the car actually could appear as early as late 2021, though that’s highly speculative and given usual automotive lead times would be extremely difficult. Nevertheless, a translated version of the story said, “In response to the demand for Apple Car sourcing, Taiwanese manufacturers…are busy. A full burst of orders.” anywhere between $11.75 billion – which is the transaction equity value – and $24 billion – the valuation based on Churchill Capital’s PIPE investments. If Apple had been really interested in acquiring Lucid Motors, it could have done so at a far significant discount just a little while back. After all, the Saudi PIF was able to acquire a 67 percent stake in the EV company for $1.3 billion back in 2019.



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HUGE UPDATE! Apple & Lucid Motors Partnership Potential | 2022

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