Apple Inc. has cast its eye on robotaxi company Drive.ai in an effort to hoover up Drive.ai’s roster of engineers to give Apple’s self-driving vehicle efforts a jolt, The Information said, citing anonymous sources.
Dozens of Drive.ai’s engineers may move to Apple in the “acqui-hire” deal. Drive.ai, running a test of its self-driving shuttles in Texas, has been seeking a buyer for months, The Information said.
- Despite billions of dollars being spent on autonomous driving, the deal may signal a wave of consolidation in the self-driving shuttle industry as companies face technical and business struggles
- Apple has struggled with its Titan self-driving project, laying off workers, shuffling leaders and hiring from Waymo and Tesla
- While some have seen the future of autonomous driving as leading to massive job losses and huge economic disruption, others see safer highways and a cleaner environment as a result
Ron Day is a Senior Editor at Karma. Previously he covered companies and markets for nearly 20 years at Bloomberg News.