I know somebody on the project. The cancellation makes sense, they were years from release and every new VP pivoted the project and lost progress. If they had committed to their original project (a bus) or the first revision (a very high-end car) they could have released on a timely schedule. But they're far too late to the game.
The original VW Bus reimagined in Apples design language would totally make me consider a bus.
it's no longer concept.