Apple Inc AAPL has obtained a patent that indicates it could use a MagSafe-like charger in its yet non-existent but rumored electric car.
What Happened: A revised patent dated Tuesday called “charging station with passive alignment mechanism” describes a charging station for an EV that can move in the longitudinal direction.
The patent by the iPhone maker is suggestive of a system that would allow a driver to park their vehicle and begin charging immediately as a plug slides into position.
Related Link: Apple's Latest EV Patent: What You Need To Know
The plug can move both horizontally and vertically, eliminating the need to park a vehicle perfectly and allowing for charging vehicles of varying heights.
The latest patent indicates the presence of a safety feature — a plate above the charging plug that could protect it from heavy impact and also help make a connection with the vehicle.
See Also: How To Buy Apple (AAPL) Shares
Why It Matters: While a patent indicates company interest, there is no surety it will result in a consumer product or service in the future.
Tim Cook-led Apple has filed patents related to solar charging for electric vehicles in the past.
Recently, Apple hired Ford Motor Co F veteran Desi Ujkashevic, who specializes in safety efforts and vehicle engineering and has experience in dealing with regulatory issues.
That came after a string of high-profile exits in its self-driving car project, named "Project Titan."
Price Action: On Tuesday, Apple shares closed 1.6% higher at $154.51 in the regular session, according to data from Benzinga Pro.
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