Apple Inc., which has been working secretly on a car, is pushing its team to begin production of an electric vehicle as early as 2020.
Automakers typically spend five to seven years developing a car. The timeframe underscores the project's aggressive goals and could set the stage for a battle for customers with Tesla Motors Inc. and General Motors Co. Both automakers are targeting a 2017 release of an electric vehicle that can go more than 200 miles on a single charge and cost less than $40,000 (about 252,000 yuan).
Apple may decide to scrap its car effort or delay it if executives are unhappy with progress, as they've done before with other secret projects.