iRide: More Evidence Apple Hard at Work on Secretive Car Project?

© Apfellike | apfellike.comreported Apple's 'iCar' concept
reported Apple's 'iCar' concept - Sputnik International
Joining the line of high-tech gadgets sought after the world over, an Apple car may well be in the works. Rumors were bolstered this week by the news that the Silicon Valley giant bought up some new -- and potentially quite profitable -- web addresses.

Investigators from MacRumors found that Apple acquired three new Internet domain names in December 2015, according to Business Insider. The news added fuel to rumors that the high-tech manufacturer is working on an electric car.

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​Web addresses, and were purchased through an intermediary company called MarkMonitor, which specializes in preventing potentially valuable domain names from being bought by fraudsters.

The speculation that Apple has a car in development has been circulating in the media for some time. Last year the company reportedly hired car industry specialists to work on a secretive project, and last August the manufacturer allegedly held talks with the California Department of Motor Vehicles on autonomous car regulations.

Rumors suggest the Apple car will be a self-driving electric vehicle. At the moment the company’s efforts are said to fall under codename Project Titan.

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Business Insider expressed some doubt over a possible car project by Apple, writing that the tech producer is now also working on integration of its iPhone software and services into cars.

So far, several tech giants, including Google, have expanded into auto industry territory, investing into the development of self-driving vehicles.

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