Apple cancels decades-long electric car project in shock move!
Wed, Feb 28, 2024 11:21 AM

Apple cancels decades-long electric car project in shock move!

A Flip by Avya Verma
Get it on Google Play
Apple Inc. has scrapped its electric car project after a decade-long, multi-billion-dollar effort to rival Tesla, as per a Bloomberg report. The move is surprising because it marks the end of Project Titan — one of the most significant and ambitious projects in the company's history. The decision was internally disclosed by Chief Operating Officer Jeff Williams and Vice President Kevin Lynch.

More great flips

Prestige Estates to launch Rs 52,000-cr housing projects by March 2025

Prestige Estates to launch Rs 52,000-cr housing projects by March 2025

Realty firm Prestige Estates Projects Ltd plans to launch housing projects worth Rs 52,000 crore by March next year to encash surge in demand for residential properties. In its latest investors presentation, Prestige Estates has mentioned that the company plans to launch multiple projects in Bengaluru, Hyderabad, Chennai, Goa, and Delhi-NCR comprising more than 53 million sq ft area.

Open Flip
India's free trade pacts not paused, all talks progressing as per schedule

India's free trade pacts not paused, all talks progressing as per schedule

Negotiations for all the proposed FTAs, including those with the UK and EU, are progressing as per the schedule and the country's FTAs are not paused, a top government official has said. The official said that an impression is going around that FTAs are paused, which is not correct. Besides the EU and the UK, India is negotiating these agreements with Australia, Peru, Sri Lanka, and Oman.

Open Flip
Top stocks to watch on November 18

Top stocks to watch on November 18

📌Reliance and Disney announced the completion of their JV to form a unified entertainment brand in India. 📌Crompton Greaves reported a 28.6% rise in profit for the September 2024 quarter. 📌IGL announced a 20% reduction in gas allocation by GAIL, effective November 16, impacting profitability. 📌PTC Industries' profit surged 112% in Q2 FY2025 to ₹17.31 crore from ₹8.14 crore last year.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon