What is Mobi & energy exploration technologies (energyx) doing in Bolivia?
Bolivian micro-mobility and clean energy startup MOBI has partnered with American direct lithium extraction company Energy Exploration Technologies Inc. (EnergyX) ( earlier post ). Both companies will work towards creating a Bolivian domestic lithium battery supply chain to develop the region’s electric mobility market.
Will Bolivia create a lithium battery supply chain?
Both companies will work towards creating a Bolivian domestic lithium battery supply chain to develop the region’s electric mobility market. Bolivia is lithium-rich; the USGS estimates identified lithium reserves in the country to be 21 million tons—ahead of Argentina and Chile, the other members of the “lithium triangle”.
Where is the largest lithium-ion battery storage system in Bolivia?
The site in the municipality of Baures, Bolivia. Image: Cegasa. The largest lithium-ion battery storage system in Bolivia is nearing completion at a co-located solar PV site, with project partners including Jinko, SMA and battery storage provider Cegasa.
What are the biggest companies in Bolivia?
Bolivia’s largest companies by assets are: YPFB ($13.5B), Banco Mercantil Santa Cruz ($5.3B), ENDE ($5.2B), Banco Unión ($4.2B), and Banco BNB ($4B). By annual income, the largest are: CBN ($178M), ENDE ($169M), Entel ($132M), YPFB Transport ($91M), and San Cristobal Mining ($67M). Most of the largest companies are either state-owned or banks.
Does CBN sell beer in Bolivia?
Following these is CBN, Bolivia’s main beer and alcoholic beverage company, which currently holds nearly 80% of the market share. It’s highly successful due to the widespread prevalence of alcohol consumption in Bolivia. Despite this, CBN does not export its products.
How big is a company in Bolivia?
Bolivia’s largest companies typically have total assets in the range of a few billion dollars and annual incomes in the tens of millions of dollars. While certainly small compared to companies in other countries, they are significant relative to Bolivia’s total GDP, which is around $40 billion.
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