Bernstein, an investment bank, predicts that global sales of new electric vehicles will reach 25 million by 2030 and 40 million by 2035. By 2040, the number of electric vehicles may grow to 600 million.
This line refers to Apple IncResearch on cars and self-driving has been under way for at least six years, but its goals, leadership and commitment seem to be changing all the time, and Apple Inc is not expected to launch a car before 2025.
The bank expects Apple Inc to launch a highly automated electric car with more living space than traditional vehicles. If cars go on sale in 2025, sales will reach 1.5 million by 2030, bringing in about $75 billion, or about 15 per cent of Apple Inc's total income.
The bank believes that after Apple Inc entered the automobile market, the traditional automobile OEM manufacturers compared to Tesla, Inc.New forces such as iPhone will be under greater threat, similar to what happened when iPhone entered the smartphone market.