Apple May Acquire Canoo, An Electric Vehicle Start-up, To Strengthen Development In This Field

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Rumors that Apple will build cars have been circulating for a long time. Now there is news that Apple will buy canoo, an electric vehicle startup, to further improve its development in this field. It is said that Apple has a great dream of entering the automotive industry. The first generation of cars may appear in the form of automatic driving, ultra-high-end or both. Now, according to mark gurman, Apple plans to absorb another start-up in the field of electric vehicles to become a leader in the industry.

Canoo's goal is to launch a first generation car with a price of $40000 or less by the end of 2022, similar to the style of SUV. At the same time, the company has the ability to attract funds for its innovative platform.

However, for the source of funds, there is news that Apple I want to use the engineers of the start-up company as new employees to expand its existing electric vehicle department.

Before that, there have been many news about Apple's auto project, including the possibility of cooperating with South Korea's Hyundai Kia to develop the platform, and there are also rumors that it will cooperate with Foxconn to build cars, but Apple officials have not responded positively.

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