Apple In Talks To Aquire McLaren & What That Means For The Future Of Hybrid Automobiles

UPDATE: Back in September, we reported that Apple was in talks to buy McLaren, as per a report in the Financial Times. A McLaren spokesperson flatly denied the rumor at the time, but it turns out that perhaps the truth of the matter is a little more complex than that denial encompassed. In an interview with Reuters, McLaren’s acting CEO Mike Flewitt confirmed that there were talks with Apple, but that they never reached the stage where Apple made a bid.

“There wasn’t a bid from Apple,” Flewitt told Reuters. “They visited. We talked. We talked about what they did. We talked about what we did. They toured. It never matured to a definitive proposition.” From: AutoBlog

Original Piece: According to the Financial Times, Apple has approached McLaren Technology Group, the British supercar engineer and Formula One team owner, about a potential acquisition, in the clearest sign yet that the iPhone maker is seeking to transform the automotive industry.

The California technology group, which has been working on a self-driving electric vehicle for more than two years, is considering a full takeover of McLaren or a strategic investment, according to three people briefed on the negotiations who said talks started several months ago.

A tie-up with McLaren, whose expertise ranges from automotive engineering and on-board computer systems to novel chassis materials such as carbon fibre and aluminium, could accelerate Apple’s highly anticipated yet secretive automotive project. According to several news outlets, Apple and McLaren declined to comment.

So, what would a McLaren acquisition mean for Apple? Well, for starters I believe if you’re going to enter the automotive industry, starting at the innovation and hyper-car level is the way to go. You can always downsize technology to increase production and lower costs. McLaren is a highly respected automaker within the racing community. Their technological research and innovation has trickled down to production level for years.

Hyper-cars are at the forefront of utilizing hybrid energy to boost horsepower and handling conditions. If Apple were to get it’s hands on the engineers and the previous studies that encompass the McLaren brand, it could propel itself further ahead as opposed to chevy, Tesla and Volvo’s factory research and development.

If this deal surfaces as a success, this is just another step forward for mankind in the world of tech takes the automotive industry.