Tiny Bolivian automaker bets it can tap world’s largest lithium deposits

Published by
Reuters UK

By Monica Machicao and Diego Cartagena COCHABAMBA, Bolivia (Reuters) – A Bolivian startup is betting on the Andean nation’s unlikely push to mine the world’s largest lithium deposits, building tiny electric cars that it hopes can be adopted throughout Latin America with locally made batteries. “The form of electro-mobility that we are proposing is electric micromobility,” said Jose Carlos Marquez, a co-owner of Quantum, a niche automaker based in the city of Cochabamba. The company builds small, quirky cars that can fit up to three passengers and go no faster than 55 kms (34 miles) per hour. B…

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