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Volkswagen CEO: "I'm not afraid" of the upcoming Apple Car

Apple Lossless Audio CODEC (ALAC),, is recently rumored to be working on its own self-driving vehicle, internally codenamed "Project Titan". the company apparently started work on the project back in 2014, and more recently there have been rumors that the company's self-management technology will debut soon. However, the Volkswagen CEO does not currently see this as an immediate threat.

Volkswagen

According to the report MacRumors, the top management of the automaker said it was "not afraid" Apple Car... According to CEO Herbert Diess, the Cupertino giant and its future self-driving car won't overtake the $ 2 trillion auto industry overnight. While Apple has yet to confirm that it is actually working on the car, Diess believes the rumors and reports are still "logical." The iPhone maker already has expertise in battery technology, software and design.

In addition, the original equipment manufacturer can even leverage its expertise in these areas to build a car, according to the Volkswagen CEO. The automotive giant is one of the largest car manufacturers in the world and Europe, based in Germany. He also has a significant reputation in the industry. But the official is not concerned about Apple's entry into the market and believes that it will not interfere with his position in the market.

Volkswagen

For those who don't know, it was recently widely known that Apple Car is in development. However, the company's current supply chain is not focused on cars. It was initially rumored that the brand would partner with car manufacturers such as Hyundai and its subsidiary Kia Motors. However, it has since been confirmed that this is not the case. However, analysts believe the Apple Car could be released within the next five to seven years.


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