Thai commercial EV firm Nex Point targets profitability in 2025 after restructuring
On June 9, Nex Point, a Thai commercial EV assembler under Energy Absolute Plc (EA), announced that it expects to return to profitability in 2025, driven by recent fundraising and the planned delivery of approximately 500 electric commercial vehicles.
In 2024, the company posted a net loss of THB 2,765.60 million, at