Apple is scaling back targets for self-driving cars

Apple logo in car mirror

Apple is putting its self-driving car goals back a bit.

(Photo: dpa)

According to a media report, Apple is reducing its goals in the development of self-driving electric cars. The iPhone maker is also postponing the planned market launch of the vehicles to 2026, reports Bloomberg on Tuesday, citing people familiar with the matter. Apple is only planning a less ambitious design that will still have a steering wheel and pedals. The vehicle should have guided driving functions that work on highways. The vehicle will not be able to drive completely independently at all times.

Apple originally wanted to develop a self-driving electric car without a steering wheel or pedals. Last year, Bloomberg reported that Apple plans to launch the first self-driving electric car as early as 2025. Apple was initially unable to comment.

Apple shares fell 2.4 percent in late US trade. The tech stock market Nasdaq also fell by the same amount.

More: Apple supplier Foxconn wants to build its own electric cars

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