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Mando Corp. is in talks with Tesla Motors to supply parts for its Model 3 car, an industry source said, as it seeks to join other South Korean firms supplying components for Tesla's more affordable electric cars.

Mando, which makes steering, brake and suspension parts, currently supplies steering racks for Tesla's Model S vehicles.

The source did not give any details on the parts that Mando could provide for the cheaper Model 3, citing confidentiality. A Tesla spokesperson was not immediately available for comment. A Mando spokesman declined to comment.



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