Home » Business » Investment bank forecast: Apple will team up with Tesla or Volkswagen to build electric cars | Anue Juheng-US stocks

Investment bank forecast: Apple will team up with Tesla or Volkswagen to build electric cars | Anue Juheng-US stocks

On Wednesday (23rd) investment bank Wedbush analyst Daniel Ives released the top ten wish list of Apple investors in 2021, in which it is expected that Apple may build electric cars with Tesla or the golden partner of the Volkswagen Group.

It has recently been reported that Apple plans to produce self-driving cars with new battery technology in 2024. Daniel Ives, an analyst at the investment bank Wedbush, mentioned in the Apple forecast report that establishing partnerships is a better choice than self-producing cars and building factories.

Daniel Ives said that the ideal situation is that Apple may announce a strategic partnership in the field of electric vehicles in 2021.

Daniel Ives predicts that Apple (AAPL-US) May be related to Tesla (TSLA-US), Fox, NIO (NIO-US), Ideal and other mature electric vehicle companies have reached a cooperation agreement, and the possibility is more than 70%. These companies will be Apple’s golden partners to seize the opportunity of electric vehicles in the next ten years.

Herbert Diess, Chief Executive Officer of Flowserve Automotive Group, publicly stated on Wednesday that he expects the accelerated changes that companies like Apple can bring. We look forward to new competitors who will certainly accelerate the transformation of our industry and bring new skills.

Herbert Diess praised that Apple’s incredible valuation and unlimited resources are highly respected.

Daniel Ives is convinced that Apple has been quietly working on the vision of self-driving cars for many years. The announcement of a strategic partnership can lay the foundation for Apple to enter the emerging field of electric vehicles, which will eventually bring Apple 1 trillion.USDOpportunities.


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