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Quantum Motors

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automotive2 years ago•3 min saved

Bolivian EV startup bets on small car for big success in lithium-rich nation.

Bolivian EV startup Quantum Motors hopes to boost electric vehicle adoption in the country with its compact and affordable Quantum car, which is being used in a government-sponsored program to bring doctors to patients living in remote areas. Bolivia has the world's largest reserve of lithium, a key component in electric batteries, but has yet to extract and industrialize its vast resources of the metal. Despite challenges, Quantum Motors is hopeful that programs like "Médico en tu casa" will help boost production and churn out more EVs across the region.

via ABC News|

#automotive #bolivia #evs

business2 years ago•2 min saved

Bolivian EV startup bets on small car for big success in lithium-rich nation.

Bolivian EV startup, Quantum Motors, hopes to boost e-mobility in the country with its tiny electric car, the Quantum, which moves at no more than 35 mph, can be recharged from a household outlet, and can travel 50 miles before a recharge. The company, which has sold barely 350 cars in Bolivia and an undisclosed number of units in Peru and Paraguay, is betting on battery-powered cars as Bolivia has the world’s largest reserve of lithium, a key component in electric batteries. The government continues to subsidize imported fuel, but programs like “Médico en tu casa” could help boost production and churn out more EV’s across the region.

via The Associated Press|

#bolivia #business #electric-cars

automotive2 years ago•2 min saved

Bolivian EV startup bets on small car for big success in lithium-rich nation.

Bolivian EV startup, Quantum Motors, hopes to boost e-mobility in the country with its tiny electric car, the Quantum, which moves at no more than 35 mph, can be recharged from a household outlet, and can travel 50 miles before a recharge. The company, which has sold barely 350 cars in Bolivia and an undisclosed number of units in Peru and Paraguay, is the country's sole producer of electric cars and is set to open a factory in Mexico later this year. Bolivia has the world's largest reserve of lithium, a key component in electric batteries, but has yet to extract and industrialize its vast resources of the metal.

via The Associated Press|

#automotive #bolivia #ev

business2 years ago•2 min saved

Bolivian EV startup bets on small car for big success in lithium-rich nation.

Bolivian EV startup, Quantum Motors, hopes to boost e-mobility in the country with its tiny electric car, the Quantum, which moves at no more than 35 mph, can be recharged from a household outlet, and can travel 50 miles before a recharge. The company, which has sold barely 350 cars in Bolivia and an undisclosed number of units in Peru and Paraguay, is betting on battery-powered cars as Bolivia has the world's largest reserve of lithium, a key component in electric batteries. The government-sponsored program, "Doctor in your house," using a fleet of six EVs manufactured by Quantum Motors, could help boost production and churn out more EVs across the region.

via Yahoo! Voices|

#bolivia #business #evs