Apple is certainly not messing around when it comes to growing its market share in the automobile market.
In a bid to build and produce its own car, the iPhone maker has forced a promising automotive startup to shutter its operations after it has aggressively recruited its top engineering talent. Citing sources close to the situation, Reuters reported that Mission Motors, who has produced sleek electric bikes that drew comparisons to Tesla’s own electric vehicles, closed shop in May this year.
It has been believed that Apple is working on an electric automobile project following its recruitment of several auto experts, mostly talent from industry leaders like Mercedez Benz and Ford. Although Apple has not openly acknowledged the project, the company’s efforts have forced Mission Motors to finally shut its doors by last fall, sources have said.
Apple Insider said that Mission Motors’ remaining assets, which are now owned by Infield Capital, are being sold off. The electric motorcycle Mission intends to deliver to customers have never been shipped, the site added.


Nvidia-Groq AI Chip Deal Faces U.S. Antitrust Probe
Optus Apologises After Network Outage Disrupts Emergency Calls
Meta’s AI Shopping Push Grows as Agentic Commerce Remains Below 1%
Apple Unveils $1,999 Foldable iPhone Duo
OpenAI Targets Specialized Industries as Enterprise AI Demand Grows
Nvidia Plans 2GW Australia AI Data Center Expansion by 2027
SpaceX Nasdaq 100 Weight Set to More Than Double
Australia Plans New Rules Giving Users Control Over Social Media Feeds
Qualcomm Stock Jumps on Amazon AI Chip Deal
South Korea, US Discuss Chip Investments Amid Tariff Plans
Anthropic IPO Marketing Expected to Start in Mid-October
Kioxia Rules Out SK Hynix Manufacturing Partnership
Australia Defends Social Media Algorithm Law Amid US Concerns
U.S. Accuses Chinese AI Firms of Extracting Model Capabilities
OpenAI Agents Linked to RubyGems Cyberattack 



