US EditionChina's struggling EV maker Neta in deep trouble in Thailand
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China's struggling EV maker Neta in deep trouble in Thailand
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. Furthermore, the company has fallen behind in local production requirements for subsidies. These troubles could force the Thai government to change course on its EV policy.…Visit Website
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