Thailand walks back claim of large lithium discovery

Key EV battery material found in country's south, but amount in question

20240119N Great Wall EV Thailand

Electric vehicles are produced at Great Wall Motor's factory in Thailand's Rayong province on Jan. 12. Thailand looks to nurture its EV industry with foreign investments. (Photo by Kenya Akama)

KOSUKE INOUE, Nikkei staff writer

BANGKOK -- A Thai official announced on Thursday the discovery of large lithium deposits in southern Thailand that she said represented the world's third-largest reserves after Bolivia and Argentina of the key battery-making material for electric vehicles.

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