News is coming out faster than I can type these days. Readers of International Lithium presentations are in hundreds per day these days. Future is finally here. Apple has already brought a lot of broad interest to electric cars - just wait when it will announce it officially now.
More and more evidence is that "Titan project" is indeed The Apple Electric iCar in the making. Today AppleInsider reports the major investigation in all things about Apple and electric cars. We have Why, How and Where in place now.
Apple cannot just glide on iPhone and iPads sales to Trillion market cap, iWatch will not bring the breaking top and bottom growth. Apple is so big that it needs the industry to disrupt next of the same magnitude. There are few Trillion industries investing in Lithium Technology now: Mobile devices, Electric Cars and Energy storage. Apple is very logically moving now into electric cars.
"Apple iCar rumour mill continues with Tim Cook avoiding the questions about Apple iCar and Tesla, but he has not denied it outright! Few reported patent claims are supporting the development of Apple Electric iCar now, including the wireless charging.
This is the tectonic shift for our industry, Tesla motors has started the real electric rEvolution and has demonstrated the potential of Lithium empowered technology. Apple can change the auto-industry overnight with its confirmation of Electric iCar. Tim Cook has everything he needs to bring iCar on-line very fast:
- Opened Tesla Motors patents,
- Apple brand power and loyalty from its customers,
- Foxconn - the maker of iPhones and iPads - investing hundreds of million dollars in China to produce $15k electric car,
- Number of patents supporting the Apple Electric iCar development,
- Team of engineers working on the "Titan project" with specialist from Tesla and A123 among them.
- Pile of cash which can buy Tesla Motors "few times over".
You can find The Verge article below and my earlier entries covering this exiting subject. Our International Lithium teams are on the ground in Ireland now on Avalonia Lithium project preparing new sites for drilling. In Argentina, at Mariana Lithium project we are building the mining camp to conduct the pumping test and collect the bulk lithium brine sample for testing at the research facilities of our strategic partner Ganfeng Lithium in China. Read more."
Shrouded in secrecy and speculation, Apple's mysterious "Titan" electric car project is believed to be in development at a top-secret facility hidden in plain sight, discovered by AppleInsider just minutes away from the company's California headquarters.
Whether or not the mythical "Apple Car" ever becomes a real product, the company is tinkering away on a top-secret automotive project. Sources familiar with the development of "Titan" say it's well beyond the concept stage, with serious work underway at a site located off of Apple's Cupertino campus.
Specifically, two people with knowledge of the project say Apple has been working on it and receiving shipments related to its development at a building just minutes from 1 Infinite Loop, in the town of Sunnyvale.
It is unclear if this secondary campus is ground zero for "Titan." But AppleInsider can confirm that Apple does indeed have a large presence at the location, and that numerous automotive-related renovations, including an "auto work area" and a "repair garage," have been constructed on the premises. Read more: AppleInsider"
Disclosure: The author is long TRRXF, ILHMF.