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New EV plant by Foxconn, PTT to build up to 150,000 vehicles a year

This second feature of a 3-part series on Thailand’s electric-vehicle scene takes a closer look at what this 36-billion baht facility can do once it’s ready by 2024

PETER JANSSEN

PETER JANSSEN

Published Thu, Jul 28, 2022 · 05:50 AM

Electric vehicles

THAILAND’S push to become an electric vehicle (EV) production hub received a big push in February, with the launch of Horizon Plus, a joint venture between Taiwan’s Foxconn Technology Group and Thailand’s state-owned petroleum conglomerate PTT.

Recently, Thailand’s Board of Investment…

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