Bloomberg: Apple, which has been working secretly on a car, is said to be pushing its team to begin production of an electric vehicle as early as 2020. The timeframe — automakers typically spend five to seven years developing a car — underscores the project’s aggressive goals and could set the stage for a battle for customers with Tesla Motors and General Motors. Both automakers are targeting a 2017 release of an electric vehicle that can go more than 200 miles on a single charge and cost less than $40,000. “That’s the inflection point — the proving ground — that brings on the electric age.”