By Chris Skeldon 
If you're a fan of cars and Apple, you've probably been looking forward to the brand's first car that was supposed to be launched. The problem is that, in February of this year, we learned that Apple had already canceled the Apple iCar, after both progress and setbacks.
However, in the last few hours we discovered that Apple was working with a very well-known Chinese brand. According to Technology crisisBased on the Bloomberg report, it was BYD that would help the “cracked apple” company design lithium iron phosphate (LFP) batteries.
What do you expect from an Apple car battery?
Since it has not been launched yet, we do not know much about the practical aspects of the car. However, according to the same source, this will be one of the safest batteries on the market. In addition, the range was also expected to be well above average.
In this partnership between the “giants,” Apple provided its engineering services, for example, in terms of heat management. BYD, in turn, has made a difference with its manufacturing resources and advanced LFP technologies.
Apparently, it was a partnership that, according to Tech Crunch, took several years. It goes without saying that Apple, given the investments it has made in cars since 2014, has lost a lot of money.
It is assumed that Apple, since the aforementioned year, has spent more than 920 million euros, every year, on this project that never saw the light of day. However, although the lack of launch disappointed fans, technological advances in battery helped create products like the Apple Vision Pro.
Why did Apple cancel it?
Given this situation, you may wonder what prompted Apple not to continue with the project. According to Razão Automóvel, one of the biggest issues the company identified was with profit margins.
Under normal circumstances, an Apple car would sell for around €92,500. For this reason and due to high manufacturing costs, company managers feared that the car would fall below Apple's expected profit margins.