China's struggling EV maker Neta in deep trouble in Thailand

Company received $84m in subsidies but hasn't met local production criteria

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A Neta dealership in Bangkok had its lights and air conditioning off and was largely deserted on a recent day, despite being open. (Photo by Kenya Akama)

KENYA AKAMA

BANGKOK -- Chinese electric vehicle maker Neta is facing a backlash in Thailand, as the restructuring of its parent company has caused difficulties supplying parts to the country and paying suppliers, resulting in the price of some new cars being slashed by half.

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