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Report: Apple Could Launch a Car Between 2023 and 2025

In a new investors note, one of the world's top Apple analysts, Ming-Chi Kuo of TF International Securities, predicts the much rumored about Apple Car will make its debut five to seven years from now. He believes the Apple Car will be the trillion-dollar company's 'next star product.'

 & Angela Moscaritolo Managing Editor, Consumer Electronics

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Feeling a lack of enthusiasm for Apple's new products recently? Give the Cupertino tech giant another five to seven years, and it could introduce something totally new: a car.

In a new investors note, analyst Ming-Chi Kuo of TF International Securities predicts that the rumored Apple Car will make its debut between 2023 and 2025, according to MacRumors, and become the trillion-dollar company's "next star product."

"The reasons for this are as follows: (1) Potentially huge replacement demands are emerging in the auto sector because it is being redefined by new technologies," Kuo writes. "The case is the same as the smartphone sector 10 years ago; (2) Apple's leading technology advantages (e.g. AR) would redefine cars and differentiate Apple Car from peers' products; (3) Apple's service will grow significantly by entering the huge car finance market via Apple Car, and (4) Apple can do a better integration of hardware, software, and service than current competitors in the consumer electronics sector and potential competitors in the auto sector."

The prediction follows a recent revelation that Apple has rehired Tesla's Senior VP of Engineering, Doug Field. The engineer previously worked for Apple as a product designer and VP of Mac hardware engineering before joining Tesla, where he has spent the last five years overseeing engineering, with a particular focus on the Model 3. Now he's back at Apple as part of the company's car effort, dubbed Project Titan.

Rumors about a self-driving electric Apple Car have been circulating for years, but word spread in late 2016 that Apple had "drastically scaled back" its car team, shifting its focus to creating software rather than an actual vehicle. Apple hasn't made any promises about whether it will release a self-driving car in the future, but CEO Tim Cook last year acknowledged that the company is working on the brains of one, which he referred to as "the mother of all AI projects."

"I think there is a major disruption looming there," Cook said at the time. "Not only for self-driving cars, but also the electrification piece."

(Image courtesy of Design by Meni Tsibas; find him on YouTube.)

About Our Expert

Angela Moscaritolo

Angela Moscaritolo

Managing Editor, Consumer Electronics

My Experience

I'm PCMag's managing editor for consumer electronics, overseeing an experienced team of analysts covering smart home, home entertainment, wearables, fitness and health tech, and various other product categories. I have been with PCMag for more than 10 years, and in that time have written more than 6,000 articles and reviews for the site. I previously served as an analyst focused on smart home and wearable devices, and before that I was a reporter covering consumer tech news. I'm also a yoga instructor, and have been actively teaching group and private classes for nearly a decade. 

Prior to joining PCMag, I was a reporter for SC Magazine, focusing on hackers and computer security. I earned a BS in journalism from West Virginia University, and started my career writing for newspapers in New Jersey, Pennsylvania, and West Virginia.

The Technology I Use

My little Florida beach bungalow is brimming with smart home tech. I have a smart speaker or display in every room, allowing me to control other connected devices by voice. The Nest Hub on my bedside table lets me set wake-up alarms, control my smart light bulbs, and set the temperature on my smart thermostat. I use the Amazon Echo Show 8 on my kitchen counter to browse recipes, reorder protein powder, check the weather, and watch the news while I do dishes. 

Because I suffer from allergies, air purifiers are essential. My favorite model is the Dyson Purifier Cool TP07, which doubles as a fan and continuously sends indoor pollution data to its companion mobile app. 

My pitbull Bradley sheds, so a good robot vacuum is a must. I currently use a premium Ecovacs Deebot that can both vacuum and mop, empty its own dustbin, and wash its own mop cloth. 

For fitness, I like to mix up my routine with cycling, indoor rowing, running, and strength training in addition to yoga. I take classes on the Tonal 2 smart strength training machine, I row indoors on an Aviron machine, and track my beach runs with an Apple Watch while listening to music on my Apple AirPods Pro. On the weekends, I love riding e-bikes like the rugged, beach-friendly Aventon Aventure for fun and fitness.

My job involves a lot of virtual meetings, so a quality webcam, microphone, and ring light are important. I use the Jabra PanaCast 20 webcam, the Elgato Wave: 3 microphone, and a Yesker tripod ring light. 

As for my preferred phone platform, I'm an iPhone person, but I've also extensively used Android for product testing.

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