This lawsuit adds more substance to the Apple iCar in the making.
Patently Apple:Apple Sued by Advanced Lithium Battery Maker on Several Counts Including Employee Raiding & Misappropriation of Trade Secrets
"A Delaware limited liability company by the name of A123 with a principal place of business in Michigan and offices in Middlesex County, Massachusetts is suing Apple and several former employees (Don Dafoe, Michael Erickson, Dapeng Wang and Indrajeet Thorat) that now work at Apple. A123 is in the business of designing and manufacturing advanced lithium-ion battery technology and energy storage systems for commercial and industrial applications, including automotive. The company has filed seven counts against Apple and their former employees now at Apple. The counts cover breach of contract, tortious interference, unfair competition, misappropriation of trade secrets and employee raiding. Apple has already has partly responded by filing a Notice of Removal to get the case moved out of the Massachusetts Federal Court. Our report presents you with actual court document facts of the case as presented by A123. Read more on Patently Apple."
Race To The Trillion Market Cap - Apple's Next Big Thing Might Be An Electric iCar.
"Now Apple with The Trillion Market Cap is a given ... at some time, even if iCar will never see the light of the day. All markets are high on lithium and these developments will ignite speculation even more. I wish that it is true, as Electric iCar from Apple will be the game changer for our industry. Apple has capital, talent and brand power to bring us all EVs as the fashionable attribute first and as mass market later. Tesla Motors is great and Elon Musk belongs to the history books already, but put Apple seriously in the picture and all auto-industry will be transformed forever.
This video provides a good compilation of the latest headlines about Apple Electric iCar. Below you can find out more about the lithium battery technology powering EVs and find the links to the previous entries on the groundbreaking news about Apple iCar. Read more."
Disclosure: The author is long ILHMF, TRRXF.