Apple and Rivian Speculated to Forge Partnership Amid EV Ambitions
Following the cancellation of its autonomous car project, Apple is reportedly exploring a collaboration with electric vehicle maker Rivian, sparking market fluctuations.
- Reports indicate Apple is considering partnering with Rivian to leverage its decade of autonomous vehicle research.
- Speculations arise from supply chain sources, with details of the potential partnership still unclear.
- Rivian's stock experienced a brief surge and drop amid the rumors, highlighting investor uncertainty.
- Apple's continued interest in the EV sector comes after the discontinuation of its 'Project Titan' self-driving car initiative.
- Both companies have upcoming events that could provide more insights into the potential collaboration.
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