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BYD, KG Mobility in talks to jointly build EV battery plant in South Korea

BYD, KG Mobility in talks to jointly build EV battery plant in South Korea

FILE PHOTO: A BYD Seal electric vehicle (EV) is displayed at a car dealership in Shanghai, China, February 3, 2023. REUTERS/Aly Song

China’s BYD Co Ltd and South Korea’s KG Mobility Co Ltd are in talks to jointly build an electric vehicle (EV) battery plant in South Korea, a source told Reuters on Wednesday.

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