Hyundai Motor sparks confusion over electric car tie-up with Apple

Korean firm said it was in talks with the tech titan, before backtracking

Hyundai Motor Co. backed away from a statement confirming it is in talks with Apple Inc. on developing self-driving car that fuelled 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.
 
Revising its statement for the second time in a matter of hours, Hyundai said it had been contacted by potential partners for the development of autonomous electric vehicles, removing any reference to Apple. Shares of Hyundai surged 19 per cent after Korean media initially reported on talks with the US company, only