French industry giant Group Bolloré, which we're familar with for their involvement with Pininfarina in a handful of interesting electric car
projects, announced it has contacted Bolivian President Evo Morales to secure a supply of lithium in order to produce advanced batteries. Negotiations have been in the works for more than a year to guarantee access to what is estimated to be half of the total lithium resources in the world, located in Salar de Uyuni. Bolloré is competing against Japan's Mitsubishi
. One of the questions that arose during these negotiations was Morales's demand that a complete EV
industry be established in Bolivia, instead of just simple mining facilities. Morales is currently visiting France on an official visit.
[Source: La Voz de Galicia via Econoticias