Apple To Start Producing Electric Cars by 2020?

After conquering the smartphone and tablet market, Apple is ready to take on the likes of General Motors (GM) and Toyota. The Cupertino-based tech giant is reportedly targeting 2020 for production of its first electric car, according to a report from Bloomberg.

The new report suggests that Apple aims to produce its first car by 2020. The company has already hired close to 200 people, and is looking to hire more experts to work on robotics and technologies for battery.

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Apple To Start Producing Electric Cars by 2020?

"The car team, which already has about 200 people, began ramping up hiring within the past couple of months as the company sought out experts in technologies for batteries and robotics, said one of the people", according to Bloomberg.

Just week, The Wall Street Journal and the Financial Times- both citing anonymous sources - published reports that claimed that the tech giant from Cupertino could develop an electric car. Meanwhile, Reuters later reported that Apple is indeed producing a self-driving car similar to Google's autonomous automobile

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So far, Apple hasn't Apple hasn't admitted that it has a dedicated working on a new automotive project. Meanwhile, former GM CEO Dan Akerson recently expressed his displeasure over Apple's involvement into some kind of automotive project.

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