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EV Sales Surge & Global South's EV Ambitions
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Despite challenges like high prices and lack of infrastructure, electric vehicle (EV) sales in the US surged by 40% in the last quarter of 2023, surpassing 1 million units. Meanwhile, southern hemisphere countries like Bolivia are seeking to capitalize on the EV revolution by collaborating with nations like China to leverage their mineral resources.
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How could the increased demand for minerals from Global South countries affect global supply chains and trading relationships?
How might the collaboration between Bolivia and China impact the global EV market landscape?
What strategies could southern hemisphere countries employ to compete with northern hemisphere nations in the EV sector?
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