Ford Motor Co. of Thailand says it is committed to the Thai government's plan to reduce dependency on oil imports through the use of alternative fuels. Last year, the country imported 470 billion baht ($119 billion) worth of oil. “If you reduce that figure by about 20%, the savings are quite considerable,” Ford Thailand President John Felice tells the Bangkok Post. Felice says the auto maker currently is testing three E20 vehicles (E20 is unleaded gasoline containing 20% ethanol ...
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