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Turbulent Thailand

Thai junta struggles to balance drive to EVs with needs of farmers

Biofuel sector wants government help as nation transitions to electrics

Demand for biofuel-blended gasoline is expected to drop sharply in Thailand as the market for electric vehicles grows.   © Reuters

BANGKOK -- The Thai government is facing an energy dilemma ahead of general elections in February. On one hand, it is throwing its weight behind building an electric vehicle industry, but moving away from biofuels could lose millions of votes from farmers.

The military government has been pushing hard to attract new investment in electric vehicles in a drive to make Thailand a regional high-tech auto hub.

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