This was confirmed by Hyundai themselves who said that they are no longer in discussions with Apple about a potential partnership. While they did not state the reason why, it was suggested that the company’s premature announcement did not sit well with Apple. However, there were also reports suggesting that not all Hyundai executives were on board with the idea to begin with.
That being said, this does not necessarily mean that Apple’s plans are delayed. Apple typically works with several manufacturers at the same time to ensure that in the event of any problem, they will have backups. Hyundai wasn’t the only company that Apple was in talks with. It was reported that Apple was also in discussions with at least six Japanese automakers.
The only difference is that Hyundai was the only company to have publicly confirmed that they were in discussions. Either way, it looks like for now and unless something changes, it seems that Hyundai and its subsidiary Kia will no longer be in the race.