The lithium-ion battery market in Thailand is experiencing rapid growth, driven by the increasing demand for electric vehicles (EVs), renewable energy storage, and industrial applications. Among the various types of lithium-ion batteries, Lithium Iron Phosphate (LiFePO4 or LFP) batteries stand out for their safety, longevity, and cost-effectiveness. This article delves into the production and market demand for LFP batteries in Thailand, their applications, growth data, and the impact of Chinese EV brands entering the Thai market. Thai LFP Battery Production and Market Demand: Thailand's LFP battery production is gaining momentum, with the country aiming to become a regional EV production hub. The Thai government has set ambitious targets for zero-emission vehicles to account for 30% of local automobile production by 2030. This initiative is attracting significant investments in battery manufacturing, including LFP batteries. The LFP battery market was valued at $17.54 billi...