PTT to reportedly suspend investment in JV with Foxconn for EV manufacturing in Thailand

Reported on November 23, 2024, PTT PLC has reportedly decided to suspend the construction of an EV manufacturing site in the EEC area of Thailand, a USD 1 billion joint investment between its subsidiary and Foxconn Group.
In 2022, PTT’s wholly owned subsidiary Arun Plus established Horizon Plus Co., Ltd., a joint ven....

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