Business Technology

Sunday 19 November 2017

Apple 'exploring move into electric cars'

Tesla roadster
Tesla roadster

Rhiannnon Williams

Apple is rumoured to be planning a move into the electric car market, according to a new report.

The San Francisco Chronicle newspaper is reporting that Apple's merger and acquisition chief Adrian Perica met with Elon Musk, CEO of electric car manufacturers Tesla last spring.

In October last year German banking analyst Adnaan Ahamd urged the company to invest in Tesla to "radically alter Apple's growth profile".

“In Elon Musk, you could strike up a partnership and obtain a new iconic partner to lead Apple’s innovation drive,” he added.

It was also reported Apple is looking to move into the world of healthcare technology, specifically devices used to predict heart attacks.

Audio engineer Tomlinson Holman, inventor of THX and 10.2 surround sound, is aiding the company to study the sound blood makes as it flows through arteries.

As part of its quarterly financial results released last month, Apple revealed it had spent $525m on deals- almost double the amount it spent the entire previous year.

The reported moves into automobiles and healthcare appears to mark a desire for Apple to expand beyond the design and production of consumer devices.

Apple has previously shown its hand in this market and announced deals with BMW, Daimler, Mercedes and Honda to produce smart dashboards featuring iOS, the same operating system used by iPads and iPhones.

It has also collaborated with Tesla in the past by supplying its map technology, alongside Audi and Toyota.

 

Telegraph.co.uk

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