Apple loses key autos engineer to electric aviation startup Archer

Asia's Tech News Daily

Attendees watch as the Archer Aviation Maker is unveiled on June 10, 2021 in Hawthorne, California.Patrick T. Fallon | AFP | Getty Images

Michael Schwekutsch, a director of engineering in the Apple Special Projects Group that's reportedly working on self-driving cars, has left to join electric air taxi start-up Archer as its senior VP of engineering. Schwekutsch noted the change on his LinkedIn page on Wednesday.

The move is the latest example of staff turnover in Apple's secretive car project. Former VP of special projects Doug Field left in September to lead Ford's emerging technology efforts, a priority for the legacy automaker under its new Ford+ turnaround plan.

The move also indicates that tech start-ups attacking climate issues can attract the most qualified engineers. A former VP of engineering at Tesla, Schwekutsch holds more than 100 patents related to vehicle design, worked on prototypes for the Tesla Plaid systems, and led production of electric drive systems for several vehicle models from Tesla, Porsche, BMW and others, according to his online resume.

Archer is working on electric-powered air taxis that take off and land vertically. Like competitors Lilium and Joby Aviation, Archer aims to transport passengers on short trips, avoiding traffic on the ground and the noise and emissions generated by traditional fuel-burning aircraft and cars.

It's already developed a model known as the Maker that can carry one passenger and a pilot, and is working on a four-passenger model. The company aims to operate urban air mobility services starting in Los Angeles once its aircraft are cleared by the Federal Aviation Administration for commercial use.

Founded in 2018 and based in Palo Alto, Calif., Archer went public in September after merging with a special purpose acquisition company (SPAC), Atlas Crest Investment Corp.

Archer previously announced that United Airlines not only invested in its business, but also placed an order for $1 billion of its fully electric aircraft with the option to buy an additional $500 million worth over time. 

Commercial passenger aviation generated 785 million tons of carbon dioxide emissions in 2019, according to research by the International Council on Clean Transportation.

Meanwhile, the International Air Transport Association predicts that air travel passenger numbers will recover to more than 85% of pre-pandemic levels next year, and surpass pre-pandemic levels by 5% in 2023.

The EV threat from Apple

Apple has never acknowledged it's working on a car, but multiple media reports since 2014 have tracked its progress, it has a driverless vehicle testing permit in California, and CEO Tim Cook has obliquely mentioned the company's interest.

Regardless, the threat of the well-capitalized tech titan introducing an electric, driverless car has automotive and tech investors on notice.

In a note out Wednesday, Morgan Stanley equity analysts Katy L. Huberty and Adam Jonas talked about how an Apple car might look, when it might launch, and how it would effect Tesla and the broader battery electric vehicle market.

Jonas wrote, “One of the things that we think drives Elon Musk and the Tesla's mission isn't 'can we make a better EV than Volkswagen' or something.” Instead, he said, Tesla is motivated to gain every competitive advantage it can before Apple makes its move. “That fear of Apple potentially turning Tesla into a BlackBerry is one of the things that we think is motivating Tesla and their mission,” he said.

Apple, Archer and Schwekutsch did not immediately respond to requests for comment.


Internet Explorer Channel Network
Asia's Tech News Daily
News Related

OTHER NEWS

TikTok posts feedback form under ‘localization' law, says Russian regulator

Under the law, overseas Internet companies with a daily audience exceeding 500,000 users must open their authorized representative offices in Russia Read more »

Abu Dhabi-based start-up aims to launch world's first plastics trading exchange as global companies call on governments to act

A start-up based in Abu Dhabi plans to build a global platform for trading used plastics, as more than 70 leading businesses and financial institutions call for more international government ... Read more »

Starbucks UK launches vegan tuna sandwich

Photo by: Starbucks UK Press Release Starbucks UK has unveiled a new plant-based sandwich, and it is simply called the Tu'Nah Sandwich. The new vegan sandwich option has been added ... Read more »

Chip crisis pushes European car sales to new low

Car sales in Europe fell to their lowest point since statistics began in 1990 PARIS – EU car sales fell to a new low last year as the auto sector ... Read more »

Asia shares mostly lower as investors mull likely rate hike

The Associated PressA woman wearing a face mask walks past a bank’s electronic board showing the Hong Kong share index in Hong Kong, Tuesday, Jan. 18, 2022. Asian shares were ... Read more »

Louis Vuitton closing its outlets in duty-free shops in S. Korea

Photo by: Llibert Losada/Unsplash Louis Vuitton is pulling out its stores in downtown duty-free shops in South Korea. It was revealed that the French luxury brand is closing its shops ... Read more »

Yandex, KT Corporation to launch robotic couriers in Seoul

South Korea is the first East Asian market where Yandex autonomous delivery robots will start operating Read more »

Budget 2022 | General government deficit to ease to 9.3% of GDP in FY23

Representative image The COVID-19 pandemic took a huge toll on government finances in FY2021. While a modest correction was attempted in FY2022, ICRA expects the Government of India’s (GoI’s) fiscal ... Read more »

Paytm's first investor expresses confidence in startup even as others feel party's over for the super app

Two months after Paytm sank on its first trading day following India’s biggest initial public offering, co-head of an early investor remains confident in the digital payments startup expressing zero ... Read more »

Toyota needs to build 1 million cars in March to reach annual target

Toyota Motor Corp will build 700,000 vehicles globally in February, up 10% on the year, but will still need to make a million more in March in order to reach ... Read more »

Priyanka Gandhi Vadra slams Yogi govt, urges youth to stick to agenda of employment, education in polls

Priyanka Gandhi Vadra Congress leader Priyanka Gandhi Vadra on Tuesday attacked the Yogi Adityanath government in Uttar Pradesh over the issues of employment and education, and urged the youth to ... Read more »

Asahi Super Dry is changing its beer recipe for the first time in over three decades

Photo by: Bob Jansen/Unsplash Asahi Super Dry Beer is Japan’s no. 1 and best-selling beer, and now the brewery is reformulating its recipe for the first time in 35 years. ... Read more »

Indonesia removes ban on foreign arrivals for recovery boost

FILE PHOTO: Travellers wearing protective suits are seen at the Soekarno Hatta International airport, as the country bans the arrival of travellers who have been in eight African countries to ... Read more »

Bank of Japan lifts inflation forecast, no policy change

Japan’s central bank has revised up its inflation forecast TOKYO – Japan's central bank revised its inflation forecast on Tuesday and adjusted its view of price risks, while leaving its ... Read more »

Tesla in India | States inviting Tesla to set up EV manufacturing plants

A number of Indian states have rolled out the red carpet for Elon Musk’s American electric vehicle company, Tesla, after he told a netizen that Tesla is facing challenges in ... Read more »

Buy GNA Axles: target of Rs 720: Sharekhan

Sharekhan’s research report on GNA Axles Q3FY2022 results were below expectations, marred by weak class-8 truck sales and muted growth in domestic tractors. While remaining positive on the company’s growth ... Read more »

Ducati Streetfighter V4 Review: Firing on all cylinders

There aren’t too many petrol cars in India that produce 200 hp. One of the cars that does is the Mahindra XUV700, which weighs two tonnes and still accelerates at a ... Read more »

Toyota to produce 700,000 vehicles in February

Toyota Motor Corp will build 700,000 cars globally in February, up 10% on the year, but leaving a million vehicles to be made in March if the world’s biggest carmaker ... Read more »

Renting in the free sector is rising again

“The increase is not surprising,” says Jasper de Groot, director of Pararius. “The demand is very high, and the supply is low. Then the prices rise.” The demand for rental ... Read more »

Pandemic severely dented consumer confidence in India: RBI Bulletin

Representative image. The pandemic severely dented consumer confidence in India, with sentiments of households across strata influenced by the spread of infections and fatalities, according to the January Reserve Bank ... Read more »

Hero MotoCorp stake in Ather energy to go up by 1-3% post its Rs 420 crore investment

Representative Image Hero MotoCorp’s stake in electric two-wheeler maker, Ather Energy is likely to go up by 1-3 % as a result of the company’s further investment in the EV ... Read more »

Renting in the free sector is rapidly becoming more expensive, according to Pararius

Photo: ANP In at least eleven years it has not been as expensive to rent a home in the free sector as it has been in recent months. This is ... Read more »

Nesco promoter buys a bungalow in Mumbai for Rs 93 crore

Representative image The promoter of diversified firm Nesco, who is also a director of Chandler & Price (India) Pvt Ltd, has bought a bungalow for Rs 93 crore in the ... Read more »

Is Ola Electric halting production of the S1 scooter?

For those who simply want to purchase the lighter and cheaper S1 without the option of upgrading its features, you’re going to have to wait a lot longer till the ... Read more »

China must put even more electric cars on the roads at a faster rate to meet nation's 2060 carbon neutral target, Greenpeace says

Manufacturers and policymakers in China must work together to put even more zero-emission vehicles on the roads of the world’s largest vehicle market to meet the nation’s carbon neutrality target ... Read more »

Margins will come under control in the next 2-3 quarters: HCL Tech CEO C Vijayakumar

Read more »

20% fall in January bookings due to COVID-19 forces railways to cancel several train services

[Representative image: AP] Indian Railways has begun to cancel several train operations due to low occupancy, with a 20 percent fall in passenger bookings in January and rising cases of ... Read more »

G.O.A.T Brand Labs acquires The Label Life, a westernwear brand

G.O.A.T Brand Labs has taken a majority stake in The Label Life, a women’s fashion and lifestyle brand.  Founded by Preeta Sukhtankar, along with Yashika Punjabee and Sonam Shah, six ... Read more »

RBI imposes monetary penalty on The Co-operative Bank of Rajkot

The Reserve Bank of India (RBI) on January 17 imposed a monetary penalty of Rs 4 lakh on The Co-operative Bank of Rajkot, Gujarat for violation of certain norms. This action ... Read more »

Maruti Suzuki share price falls after global brokerage retains 'sell', expects 25% downside

Maruti Suzuki India share price fell over 2 percent in the morning session on January 18 after CLSA retained sell call on the stock. The scrip was trading at Rs ... Read more »

Race to cut carbon emissions splits U.S. states on nuclear

The Associated PressChris Levesque, president and CEO of TerraPower, a company developing and building small nuclear reactors, poses for a photo in the company’s lobby, Thursday, Jan. 13, 2022, in ... Read more »

Norway's Telenor to sell stake in Myanmar's Wave Money

The Associated PressFILE – In this Oct. 26, 2014, file photo, customers including Buddhist monk line up outside a showroom to buy SIM card at Telenor, Norwegian telecommunication company, in ... Read more »

Job instability, medical costs key concerns in COVID times: SBI Life study

(Image: ANI) Even as the third COVID-19 wave takes root in India, many are still reeling under the impact of the first two waves in 2020 and 2021, though there ... Read more »

Sudarshan Chemicals Q3 PAT seen up 6.5% YoY to Rs 36 cr: Sharekhan

Sudarshan Chemical Industries | Company reported profit at Rs 30.33 crore in Q2FY21 against Rs 46.2 crore, revenue rose to Rs 428.9 crore from Rs 424.85 crore YoY. (Image: Moneycontrol) ... Read more »

Banks urge Centre to extend emergency credit guarantee for small businesses till March next year

With rising commodity prices, FISME wants the abolition of import duties on steel, copper, aluminum and polymers. (Representational Image; Source: ShutterStock) The Indian Banks’ Association (IBA) has urged the government ... Read more »

NOCIL Q3 PAT seen up 17.6% YoY to Rs 26 cr: Sharekhan

Sharekhan has come out with its third quarter (October-December’ 21) earnings estimates for the Speciality Chemicals sector. The brokerage house expects NOCIL to report net profit at Rs 26 crore ... Read more »

COVID self-isolation rules, offshore wind farms and house prices

Listen to “Covid self-isolation rules, offshore wind farms and house prices”. Ian King explores the change to coronavirus self-isolation rules in England and the impact on businesses. He also speaks ... Read more »

Unit 2 of Belarusian NPP to be launched in February — Rosatom

Director General of Russia’s state-run nuclear corporation Alexey Likhachev said that right now, the colleagues are waiting for a permission to switch to minimum controlled reactor power Read more »

Indian rupee falls 18 paise to 74.43 against US dollar in early trade

Representative image The rupee declined by 18 paise to 74.43 against the US dollar in opening trade on Tuesday, as strong American currency and elevated crude oil prices weighed on ... Read more »

When should you approach a financial advisor?

Not everyone needs an investment advisor. But some people do. They may not realize it though. But a timely, unbiased and objective professional intervention can really make the difference between ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic