Global changes in car manufacturing sector by mega-rich technology company Apple will not come that soon. The new cares made by Apple will be electric and autonomous.
They will be built in China to relieve local overcapacity, Forbes reports. Apple has earned $ 18 billion on the first quarter of 2015. The company has $178 billion in cash. Stock market capitalization of Apple is more than Ford Motor, General Motors, Volkswagen, Peugeot and Daimler combined.