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Setting up lithium production coincides with Thailand’s drive into larger EV output. The region, Southeast Asia’s biggest automobile producer and exporter, would like to convert about thirty% of its yearly car production into EVs by 2030.
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The silvery-white element is a key steel for EV batteries and establishing lithium mines would set Thailand in a singular place as compared to other key producers as it can be developing an EV production sector, together with $1.forty four billion in investment commitments from Chinese carmakers.
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