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Bolivia to develop lithium battery for electric mobility
By PPO Abogados
Bolivian urban micro-mobility and clean energy startup MOBI has partnered with American direct lithium extraction company Energy Exploration Technologies Inc. (EnergyX) to work towards creating a Bolivian domestic lithium battery supply chain to develop the region’s electric mobility market.According to Green Car Congress, Bolivia has 9 million tonnes of identified lithium resources buried beneath its salt flats, the largest being the Salar de Uyuni. The government has already invited several foreign companies to participate in new tenders for lithium extraction.
MOBI, founded in 2020, closed the largest ever seed round for a startup in Bolivia at US$1.38 million off a US$5 million valuation, and has a fleet of electric scooters, bikes, mopeds and e-bikes. In Asia the company is working with a Korean startup called Nanu Ev, which manufactures Swap Stations for discharged batteries, with the goal of transfering the technology to Bolivia and the Latin American region.
EnergyX creates revolutionary technology to support the shift to clean energy and enable lithium-powered batteries, products, and applications.
PPO Indacochea
PPO Indacochea is Bolivia’s leading full-service law firm, formed through the strategic merger of PPO Abogados and Indacochea & Asociados—two of the most prominent and respected legal institutions in the country. With the largest team of lawyers and the broadest geographic coverage in the market, we are uniquely positioned to deliver legal solutions that are innovative, multidisciplinary, and business-oriented.
Our approach is simple and effective: we provide solutions, not just opinions. We work closely with our clients to understand their businesses and deliver strategic advice tailored to their most complex challenges. We channel transformative foreign investment into Bolivia, advise on high-stakes disputes before local and international tribunals, and offer end-to-end legal services that bridge the gap between law and business.
With a team of 85 lawyers and over 180 professionals led by 14 partners, we operate across six offices in five cities nationwide. Our professionals include top-tier talent—most trained or specialized abroad—with a strong commitment to diversity, inclusion, and social responsibility.
At PPO Indacochea we redefine legal services to anticipate and exceed the demands of a fast-evolving business environment. We are proud to be consistently recognized by the most prestigious international legal directories, including Chambers and Partners, Legal 500, IFLR1000, Leaders League, Latin Lawyer, LACCA, and others, as Bolivia’s leading law firm. PPO Indacochea: Where law meets strategy, and local depth meets global vision.
