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PTT plans to withdraw from EV production JV with Foxconn
Reported on November 20, 2025, PTT PLC is considering selling its entire stake in Horizon Plus Co., Ltd., an EV joint venture with Hon Hai Precision Industry Co., Ltd. (Foxconn), to Foxconn.
This move is part of PTT’s plan to improve its cash flow and prepare for a sluggish Thai and global economy in 2026. The compan....
This move is part of PTT’s plan to improve its cash flow and prepare for a sluggish Thai and global economy in 2026. The compan....
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