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Hyundai first confirmed talking to Apple for Apple Car and then backed away Hyundai first confirmed talking to Apple for Apple Car and then backed away Hyundai Motors issued a statement to confirm it is holding talks with Apple for its EV plans but soon sensed the momentum and backed away. advertisement HIGHLIGHTS Within a few hours, it backed away from the statement to drop Apple s name. Apple Car is poised to launch sometime in 2027. Hyundai Motor Group confirmed that it is holding discussions with Apple over co-creating the Apple Car. The Korean automaker said that Apple is talking to a number of global automobile companies for the production of the electric car and that Hyundai Motor Group is one of them. As soon as the confirmation from the carmaker emerged, the shares of Hyundai Motor Group saw a monumental jump of 18 per cent, fueling a $9 billion surge in the market value. But in an interesting turn of events, Hyundai Motors backed away from the statement.

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