“The automotive trade isn’t a typical tech sector that you could possibly take over at a single stroke,” Diess mentioned in an interview with German newspaper Frankfurter Allgemeine Zeitung. “Apple is not going to handle that in a single day.”
In April 2017, Apple obtained a allow from the California Division of Motor Autos to check self-driving autos there.
“There’s simply a lot occurring in [electric and autonomous vehicles] and linked tech,” Morgan Stanley analysts wrote in a observe to buyers in December 2020. “It’s maybe a becoming time of the world’s most useful firm to play its hand within the $10 trillion international mobility market.”
Though that is lower than half the variety of gross sales Tesla made final 12 months, it represents a rise of 214% on the earlier 12 months and exhibits Germany’s enormous auto trade is starting to mount a problem to the chief in electrical automobiles.
That is why, in terms of competitors from Apple, “We’re not afraid,” Diess instructed the German newspaper.
— CNN Enterprise’ Clare Duffy and Charles Riley contributed to this report.