Apple could launch its own autonomous vehicle in 2024

According to Reuters, the company is developing its own battery technology that could reduce battery costs and expand the range of the vehicle.

According to a Reuters report, Apple plans to make an autonomous car for consumers and aims to produce it by 2024.

The company is developing its own battery technology that could lower the cost of batteries and expand the vehicle’s range, Reuters said, citing unidentified people familiar with the matter. An Apple spokesman declined to comment.

Apple is turning to external partners for elements of the system, including Lidar sensors that allow autonomous cars to have a three-dimensional view of the world in real-time, Reuters added. Apple is also developing its own Lidar technology.

There is still a chance that Apple may decide to narrow the scope of its efforts to an autonomous driving system that integrates with a car made by a traditional automaker, Reuters reported, noting that it’s unclear who would make it for Apple.

Apple has been working on driverless car technology since 2014, but lowered its ambitions for a full-fledged vehicle in 2017, Bloomberg News reported.

Since then, Apple has been working on the underlying autonomous system. The company must decide whether to pair this system with its own car or existing vehicles or partner with an established automaker, Bloomberg News reported earlier this month.