Volvo’s Plans for Flex-Fuel Vehicles Hinge on Thai Incentives

Volvo Car Corp. says it will build flex-fuel vehicles and E85-compatible cars in Thailand once the government approves tax incentives, The Bangkok Post reports.

Volvo Cars (Thailand) Ltd. President Paul Stokes says the first Thai-built FFVs could reach the market within 18 to 24 months of government approval.

Speaking to reporters after a meeting with Thai Energy Minister Wannarat Charnveerakul, Stokes says the auto maker is reluctant to move forward with FFV production ...