https://wccftech.com/apple-car-aapl-rumor-flip-flops-continue-the-talks-with-hyundai-and-kia-motors-have-now-hit-a-snag/

Apple Car, the iPhone manufacturer’s high-stakes EV project, remains the subject of intense speculation in the media. Today, a fresh statement from Hyundai has dashed any hope of imminent clarity on the scope and scale of this secretive project.

To wit, both Reuters and Bloomberg have now reported that Apple’s (NASDAQ:AAPL) rumored negotiations with Hyundai and its subsidiary, Kia Motors, have entered a hiatus. Though the development leaves open the possibility of a resumption in negotiations at a later stage, we believe that such a scenario currently bears a remote probability, given the plethora of competing OEM alternatives for the Apple Car and the urgency to finalize the arrangements in order to realize the 2024-2026 timeline for the launch of the EV.