Bolivia has the possibility of becoming a geopolitical center of electro-mobility. Due to the easy access to clean energy, the large lithium reserves of the country, said Carlos Soruco, one of the founders of Quantum Motors, the pioneering EV factory in the country.
Bolivia: Uyuni's salt flat. Photo by Diego Aguilar on Unsplash By Dr Maria Daniela Sanchez-Lopez* On November 22nd, 2018, the city of Frankfurt in Germany hosted the conference Invest in Global Resources where different market and industry experts discussed the business environment of commodities and investment strategies in mining activities. A hot topic through the … Continue reading Investors’ interest is sky-high for critical battery metals such as Lithium
Bolivia has a long history with the oil and gas industry, with the country’s first liquids production commencing in 1925. Today production is dominated by gas, a commodity that has become vital to the country’s economy.
Natural gas has played a key role in Bolivia’s economy, notably over the last 15 years where production has more than doubled from 2003 levels to reach 1654mmscf/d in 2017.
By Bolivia Económica Executive Summary The rising demand for lithium-ion batteries used in Electric Vehicles (EVs) and rechargeable batteries is substantially increasing the demand for lithium. Indeed, securing the supply of lithium is increasingly becoming a top priority for technology and automotive companies in the US, Asia and Europe. As such, many technological and auto … Continue reading Lithium industry – Primer