“Apple has been talking with McLaren, the automaker known for its Formula One racecars, about an investment in the company, according to two people briefed on the talks who asked to remain anonymous because the discussions were confidential,” Daisuke Wakabayashi and Brian X. Chen report for The New York Times.
“Apple is also in talks with Lit Motors, a San Francisco start-up that has developed an electric self-balancing motorcycle, about a potential acquisition, according to three people who spoke on the condition of anonymity because the conversations were private,” Wakabayashi and Chen report. “Apple has already hired several former Lit Motors engineers.”
“Inside Apple, employees recently described the company’s efforts to build a car as a project lacking vision and in complete disarray. The recent layoffs, followed by Apple’s pursuit of talent and expertise from outside companies, are part of the company’s effort to “reboot” the project, said people familiar with the layoffs,” Wakabayashi and Chen report. “Wayne Bruce, a spokesman for McLaren, said in an emailed statement that the company was ‘not in discussion with Apple in respect of any potential investment.'”
MacDailyNews Take: And then he hopped in his Batmobile and… Oh, wait, that’s Bruce Wayne.
“An acquisition of Lit Motors could also help Apple rethink its strategy with building an electric car. For years, Lit Motors has worked on the C-1, an electric motorcycle that relies on two large gyroscopes, which prevent it from tipping over,” Wakabayashi and Chen report. “The two-wheeler, which can hold only one passenger, was designed to have the efficiency of a bicycle and motorcycle but the safety of a car.”
Read more in the full article here.
MacDailyNews Take: Bob Mansfield is “kicking ass and taking names,” a little birdy tells us.
Lit Motors’ website is: http://litmotors.com
Apple in talks to acquire British supercar maker McLaren – September 21, 2016