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EV Sales Surge Amid Global Competition
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Despite challenges, US electric vehicle sales surged by 40% in the last quarter of 2023 to over 1 million units, driven by price cuts and increased efforts to address issues like high prices and charging infrastructure. Meanwhile, southern hemisphere countries like Bolivia are seeking to capitalize on the EV revolution by leveraging their abundant mineral resources.
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How could partnerships between countries in the Global South and established EV manufacturing nations reshape the global automotive landscape?
How might the increasing competition in the global electric vehicle market impact the strategies of traditional industry leaders?
What are the potential implications of southern hemisphere countries like Bolivia gaining more influence in the EV industry?
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