Will Apple buy a ride?
Apple is seeking a stake in British luxury carmaker McLaren and is in talks to buy Lit Motors, a San Francisco electric motorbike startup, Bloomberg is reporting, citing people with knowledge of the matter. Apple would more likely make a large investment in McLaren than buy it outright, according to one of the people, who asked not to be identified because the matter is private. Apple wants to acquire Lit because it has several international self-driving patents, said another person. Apple has hundreds of engineers working on car design and has been targeting a release as soon as 2020.