“In a recent interview with EPBR News Agency, the Chinese carmaker BYD announced its strategic initiative to comprehensively verticalize its electric vehicle production operations in Brazil. This encompasses the entire value chain, ranging from lithium exploration and processing to battery manufacturing, culminating in the production of both buses and automobiles.”
https://www.powersys.com/2024/01/byd-plans-supply-chain-verticalization-in-brazil/
By the time PLS is ready to mine Salinas, Brazil could have an entire electric vehicle supply chain of its own.
FYI the population of South America is 422.5 million, Brazil on it’s own has 215 million.
If North America doesn’t get it’s act together, it will fall further behind than it already has.
“In a recent interview with EPBR News Agency, the Chinese...
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