Thailand moves forward as ASEAN EV battery production center

The House of Representatives,, Thailand is cool, finding 14.8 trillion tons of lithium-sodium mineral deposits, the main raw material for producing 100% electric vehicle batteries, moving forward towards the goal of being the center and production base for EV batteries in ASEAN. Mrs. Radklao Inthawong Suwankiri, Deputy Spokesperson for the Prime Minister's Office, revealed that the Ministry of Industry Exploration found two potential lithium mineral deposits: Rueang Kiat and Bang E Tum. Most recently, a large reserve of sodium mineral deposits was discovered in the northeastern region. These two types of minerals are considered important raw materials used in the production of 100% electric vehicle (EV) batteries. They are considered to help strengthen Thailand's potential. To aim to be the center and production base for EV batteries in the region. after last year India discovers lithium deposits Until becoming the main producer in the battery and EV industry, Thailand now has a chance to become a major pr oducer as well. According to the Department of Primary Industries and Mines, Thailand has discovered more than 14,800,000 million tonnes of lithium ore resources (Million Tonne: Mt), making Thailand the country that has discovered the third most such mineral in the world after From Bolivia and Argentina Discovery of potential lithium-sodium minerals It is both good news. and is beneficial to the Thai electric vehicle industry As a result, Thailand is one of the countries that possess the most lithium minerals in the world. Helps increase the country's competitiveness in the production of electric cars and batteries. Attract potential Thai and foreign investors to set up factories. Amidst the competition of many countries In order for Thailand to aim to become the main production base of the region, it is expected that the global demand for lithium will almost double within 2020. 2025 and will need more than 2 million tons by 2025. 2573 'The growth of the electric vehicle market, the discovery of two mineral s which are considered important raw materials for the production of EV batteries, makes Thailand reduce imports and become more self-reliant. From the policy of Mr. Settha Thavisin, Prime Minister and Minister of Finance It is considered that this discovery will make Thailand an important marker on the world map in becoming a center and production base for EV batteries,' Mrs. Radklao said. Source: Thai News Agency