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14 Jun
06:03

Thailand's BoI approves EV production of Foxconn, PTT's JV

Thailand's government agency Thailand Board of Investment (BoI) recently granted production permission for Horizon Plus, an EV-oriented joint venture between Taiwan-based manufacturer Foxconn and Thailand's Ministry of Energy's Petroleum Authority of Thailand (PTT), Kallanish learns.  According to Thailand BoI, Horizon Plus, which is worth about THB 36.1 billion ($1.03 billion), is one of the manufacturing and infrastructure related comp…
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