Latin American Auto Industry

The focus of this report is on China’s battle for market shares and technology in the electric vehicle (EV) segment, which could be described as a ‘downstream’ part of the automobile industry. But it is important to note the rising EV sales may also have transformative effects on parts of the ‘upstream’ – such as the mining of key Latin American metals like lithium and copper, which are essential components of modern EVs. In fact, the electric vehicle boom could trigger some significant changes in the Latin American mining industry.