Bolivia Energy Storage Vehicle Solution

Why is energyx partnering with Bolivia's Ministry of hydrocarbons & energy?

This led to EnergyX’s involvement with Bolivia’s Ministry of Hydrocarbons and Energy where our company’sDirect Lithium Extraction (DLE), LiTAS, is seen as the potential solution to the country’s goals.

Can Bolivia become a green energy superpower?

The partnership between MOBI and EnergyX highlights the thriving innovation environment in Bolivia, and will take the country one step closer to becoming a green energy superpower.

Why is lithium important in Bolivia?

Under the Bolivian constitution, the country’s natural resources belong to the people – meaning that any lithium extraction operation must directlybenefit Bolivians and the local economy. Domestic interest in the extraction of lithium has always been there, but Bolivia’s infrastructure has limited their ability to develop the industry.

Are electric cars the future of the automotive industry in Bolivia?

Quantum, a tiny EV that fits three, is the creation of a group of Bolivian entrepreneurs who believe electric vehicles are the future of the automotive industry in this lithium-rich country. (AP Photo/Juan Karita) Employees work on a Quantum electric car assembly line at a factory in Cochabamba, Bolivia, Tuesday, May 9, 2023.

Could Bolivia create a lithium supply chain?

On top of this,Bolivia would seek to establish a lithium supply chain that would not just cover extraction, but processing and manufacturing too – creating a vast amount of opportunities not only to improve the nation’s economy, but also its’ citizens’ quality-of-life. But what does this have to do with sustainability within the mining industry?

Can Bolivia become a global powerhouse in electric micro-mobility?

MOBI CEO Ariel Revollo: “Latin America has the capacity to become a global powerhouse in electric micro-mobility, and we believe Bolivia can be the leader of this transition.