Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Industry / Bolivia

Salt Flats Exploration Offers Sweet Treats

August 2011 | Industry News

Bolivia could finally experience an inflow of foreign investment into its nascent lithium industry, thanks to two separate deals the country has signed with South Korea and China. Demand for the material is tipped to multiply over the coming years as the popularity of electric vehicles (EVs) gathers pace. In that respect, we believe the deals mark a major step towards enabling Bolivia to benefit from this trend and possibly attracting sizeable investments from major international carmakers or parts suppliers.

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