The South American nation has been working in direction of creating the world’s first sustainable lithium economic system able to producing and processing the metallic for home and worldwide wants, the businesses mentioned within the media assertion, including that the partnership between MOBI and EnergyX goals to take the nation one step nearer to turning into a inexperienced vitality superpower.
MOBI, based in 2020, closed the biggest ever seed spherical for a startup in Bolivia at $1.38 million off a $5 million valuation, and has a fleet of electrical scooters, bikes, mopeds and e-bikes.
EnergyX is built-in into the lithium business’s provide chains from brine to battery, and can present MOBI work on creating a subsequent technology SoLiS battery for MOBI’s fleet.
This partnership, the corporate mentioned, will see EnergyX’s direct supply of lithium and batteries assist MOBI fleet and swap stations by making a home brine to battery ecosystem inside Bolivia.
EnergyX was based in Austin, Texas in 2018 and presently has over 50 patents targeted on creating extra environment friendly and sustainable lithium extraction processes, in addition to lithium batteries for electrical autos and grid-scale renewable vitality storage.
EnergyX is presently constructing its Innovation Labs in Austin, Texas, and is scaling up its operations after elevating $20 million in funding and deploying their first LiTAS direct lithium extraction vegetation to Bolivia’s Salar de Uyuni.
“Latin America has the capability to change into a worldwide powerhouse in electrical micro-mobility, and we consider Bolivia might be the chief of this transition,” MOBI CEO Ariel Revollo mentioned in a information launch.
“With home lithium provide chains being developed, continued infrastructure enhancements and the folks’s demand for native sustainable options, Bolivia has all of the hallmarks of a rustic on the verge of an financial growth,” he mentioned.
This partnership is one step in direction of creating the native micro-mobility market and serving to create a home innovation pipeline that integrates Bolivia’s lithium, manufacturing, and transportation,” EnergyX Director of Bolivia, Mario Gianella mentioned.
“We’re engaged on integrating world lithium provide chains from brine to battery, and this partnership with MOBI displays this.”