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Investors are underestimating the 'Apple Car' impact on the EV market, analysts say

Amid reports that Apple is building out its “Apple Car” production capabilities with Kia, Morgan Stanley analysts said that investors are likely underestimating the impact Apple could have on the market.Credit: AppleInsiderIn a note to investors seen by AppleInsider, a trio of analysts from Morgan Stanley’s Asia Pacific Auto, U.S. IT Hardware, and U.S. Autos and Mobility teams shared their thoughts on recent rumors of Apple investing billions in Kia to produce its self-driving car. Read more…
Source: Apple Insider News and Secrets on New Apple Products

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