Apple Car Interest Revived by Rivian Partnership Rumor

Apple canceled its Apple Car project in February 2024 and stopped all internal work on autonomous, electric vehicles. But the company still has its sights set on impacting the EV market, and Rivian could be the avenue for its ambitions, according to rumors out of Taiwan.
Apple canceled its "Project Titan" EV project earlier this year.
DigiTimes reports that Apple is "studying the possibility" of a partnership with Rivian, although this seems to be based on speculation within the supply chain, and what form such a collab would take remains a mystery.
delivery vehicle partnership with Amazon remains strong, and could even factor into Apple's interest. From the report:
"A partnership with Rivian might also indirectly involve Amazon, which could open the door to collaboration between Apple and Amazon in generative AI, the sources said."
The report links Appleās generative AI ambitions with the rumor, tying it to innovations in the EV space such as AI smart voice and driving assistance. It's all very speculative.
CarPlay integration could be all that's fueling the chatter, or there could be nothing more behind it. It's also worth noting that Rivian is under market pressure to perform during the mass production phase of its latest fleet of midsize R2 and R3 cars, so this rumor could just be part of an attempt to revive shareholder interest. On that basis, it would be wise to quell expectations until other reports corroborate the claim.
Tag: Rivian
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