And there are good reasons for that.
The network has information about the change of plans within Samsung. Judging by it, the company is no longer interested in producing its own electric car;
According to The Korea Times, two high-ranking executives of the company let it slip that the IT giant abandoned the idea of creating an electric car, as well as entering this market on its own.
They cited high competition as the reason for this decision. However, Samsung is not sure that this market will allow the company to earn good money.
Note that earlier information appeared about the timing of the first demonstration of Apple’s electric car. According to insiders, this should not be expected before 2025.
At the same time, the cost of the car from the creators of the iPhone will not be lower than 100 thousand dollars.
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