Apple car dies, but Chinese rival Huawei pushes ahead on EVs

News Snapshot:

A decade and billions of dollars later, Apple is reportedly axing its electric car project. Meanwhile, its Chinese smartphone rival, Huawei, has been pushing ahead with its automotive endeavors. The company develops and supplies a range of technologies for the car industry—but is steering well clear of physically manufacturing a car by itself. Instead it develops things like smart driving systems, powertrains, battery management software, and radars and cameras, and also collaborates with established automakers to jointly launch a new brand and build cars together. Advertisement Apple and Huawei took different bets on cars: the former wanted to build cars,...