Apple cancels its electric car project in favour of AI

There will be lay-offs, but it’s unclear how many

Employees on the car team will be shifted to the artificial intelligence division.

Apple is cancelling a decade-long effort to build an electric car, abandoning one of the most ambitious projects in the history of the company.

Apple made the disclosure internally on Tuesday, surprising the nearly 2,000 employees working on the project, said the source, who asked not to be identified because the announcement wasn’t public. The decision was shared by Chief Operating Officer Jeff Williams and Kevin Lynch, a vice president in charge of the effort, according to the source.