BANGKOK -- State-run energy giant PTT's decarbonization efforts have hit a roadblock, as work on a joint EV factory with Taiwan's Hon Hai Precision Industry that was to be the lynchpin of its strategy has been halted by sluggish demand for new vehicles.
Climate Change
Thailand's PTT struggles to go green as EV project flops
Construction of plant with Foxconn reportedly halted on sluggish domestic demand
PTT has been trying to move away from fossil fuels, which account for more than 90% of its sales. (PTT)
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