Apple and Google vs. the automovile industry

[Geek-9pm]

No, I did not imagine that headline.
Hint: It is the software.
Here are three links. Find the relevant story in at least one.
http://finextra.com/news/fullstory.aspx?newsitemid=28044
http://bgr.com/2015/10/27/google-apple-self-driving-car/
http://www.huffingtonpost.com/quora/how-google-and-apple-will_b_8394456.html

.... is battery electric vehicles. That's just a reality. There are a bunch of reasons for that, but here are a few: First, electricity from generation to wheel is a lot cheaper than any of the proposed intermediaries....
... of your engine management software. All of the experience built up on eking amazing compromises out of an internal combustion engine is irrelevant when faced with an AC or DC motor. Throw away your internal combustion motor--no hybrid, serial hybrid, or range extender....

Or just Google for:
Apple, Google  automobile
And find stories done within  the last three days. 
Try Newsweek 3 days back.