Apple in Talks to Acquire Lit Motors, Lit Motors 101, Why Acquire Lit Motors?

Today's Above Avalon stories: 

  • Apple in Talks to Acquire Lit Motors
  • Lit Motors 101
  • Why Acquire Lit Motors?

Today's update is dedicated to discussing Lit Motors, the transportation startup that Apple is reportedly interested in acquiring. We take a deep dive into Lit Motors, including the company's history and self-balancing two-wheeled prototype. The email then turns to why Apple would be interested in acquiring Lit Motors. Would Apple be looking to rethink transportation by skipping the traditional car altogether? We go over my thoughts as to where transportation is headed, how Lit Motors would fit in such a future, and the reasons Apple would want to acquire Lit Motors.

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