South Korea’s Hyundai Motor Co. and Kia Corp. said in a statement on Monday,they are no longer associate with appale for devolping autonomus vehicle

Hyundai and Kia Crop are thinking of their own technology when it comes to making automatic cars

South Korea’s Hyundai Motor Co. and Kia Corp. said in a statement on Monday that they would no longer be associated with Apple in developing autonomous vehicles, as their shares are tumbling.

  In early January, at a conference, the Korea Economic Daily TV reported that Apple and Hyundai had begun discussions on developing self-propelled electric vehicles by 2027 and improving batteries in U.S. factories operated by Hyundai or its partner Kia Corps.

  Shares of Hyundai and Kier fell 6.6% and 13.6%, respectively, from 1216 GMT, in contrast to the broad-based KOSPI’s 0.6% drop.

  So far this year, Hyundai shares have seen a 30% increase, while Kia has seen a 63% increase in app application car reports.  Apple has never acknowledged talking to automakers about making vehicles.

 Reuters, on the other hand, said in a report in December that Apple was advancing in autonomous car technology and could bring its own breakthrough battery technology in early 2024 with the goal of building a passenger car.