
Exclusive: BMW, Daimler Reject Cooperation with Apple over “iCar” – Handelsblatt Global Edition
German carmakers Daimler and BMW have ended talks with Apple over a cooperation deal on an electric car, Handelsblatt has learned from industry sources. The U.S. tech firm is looking for a partner that could lend it expertise in manufacturing an electric “iCar.” The favorite is believed to be Canadian-Austrian firm Magna. Apple’s plan has been to develop a highly-networked electric car that would also be at least partially self-driving. Neither of the three companies would even confirm that ne…