Get Electric Vehicle

AUGUST 22, 2021

The price of the lithium-ion batteries used in the EVs is the main culprit for the high initial cost of any electric vehicle in any part of the world. The main raw materials of a Li-ion battery are Lithium, Nickel, and Cobalt. They are scarce but hold roles in the proper functioning of the Li-ion batteries.

India 52

India Li-ion Congo Bolivia 52

Green Car Congress

JULY 31, 2011

KORES ) and steelmaker POSCO has entered an agreement with Bolivia’s state-run miner Comibol (Corporación Minera de Bolivia) to set up a joint venture to produce lithium intended for lithium-ion batteries. KORES said that Korean Li-ion manufacturers SK Innovation and LG Chem are also likely to participate in the project.

Bolivia 199

Bolivia Li-ion Serbia Brazil 199

All Cars Electric

JANUARY 20, 2010

Critics of the development and use of lithium-ion ("li-ion") batteries have long cited their concerns over the (un)availability of lithium, and with moderate success. They state that politically unstable, remote Bolivia owns the world's largest reserve of lithium, which is certainly true.

Bolivia 40

Bolivia Li-ion Lithium Ion Toyota 40