Hyundai Revises Public Statement, Removing any reference to working with Apple on a Future Car
Late yesterday Patently Apple posted a report titled While Apple continues to Hire Tesla Engineers & Executives to their Future Vehicle Project, it s Johny Srouji s contribution that s a Surprise. The report noted that rumors over the last month have tried to escalate the timing of a car to market prematurely for the sake of hype. Late yesterday a rumor swept the globe with Hyundai hyping up their potential of working on the Apple car only to reverse course once the rumor got out of hand.
Hyundai Motor Co. has backed away from a statement confirming it is in talks with Apple Inc. on developing self-driving car that fueled an $8 billion surge in the Korean automaker’s market value Friday, saying instead that it received requests for potential cooperation from a number of companies.