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Korea’s Kia, Thailand in talks over building new EV facility, sources say

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South Korean car maker Kia Corp is in talks with Thailand to build an electric vehicle facility in the Southeast Asian country, two government sources said on Tuesday, as the latter bids to be a top EV maker in the region. Discussions are ongoing and focused on incentives sought by the carmaker from the Thai government, said the sources, who declined to be named as they were not authorized to speak on the matter. “They have a serious proposal that they’ve come with,” one of the sources said, referring to Kia.

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