Great Wall, Foxconn bet on Thai electric car market

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Japan's stranglehold comes under threat from other big Asian companies. FMTNews

Great Wall plans to launch four models this year including the Haval H6 sport utility vehicle.

Key Apple supplier aims to meet the rising demand for EVs. Foxconn and PTT said they plan to spend around US$2 billion to expand EV and EV parts production. He added that the plant will create 1,000 jobs and play a key role in delivering EVs to Thai and Asean customers. The collaboration is in its early stages and the companies’ plans remain sketchy. However, according to PTT, the platform will comprise hardware and software services and will be open to all automakers looking to accelerate their production and sales of EVs in the Asean region, including Thailand.

 

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