Apple Car: Volkswagen CEO Herbert Diess 'Not Afraid' of iPhone Maker’s Electric Vehicle

"The car industry is not a typical tech-sector that you could take over at a single stroke," Diess said in an interview.

By Reuters | Updated: 15 February 2021 10:36 IST

Apple Car: Volkswagen CEO Herbert Diess 'Not Afraid' of iPhone Maker’s Electric Vehicle

Photo Credit: Bloomberg

Diess said its intentions were logical because company had expertise in batteries, software, and design

Highlights

Apple may have progressed to build a vehicle for mass markets by 2024
"Apple will not manage that overnight," Diess added
Volkswagen plans to develop software needed for autonomous cars in-house

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.

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"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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© Thomson Reuters 2021

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