Zambia Lures Auto Manufacturers for Electric Vehicle Component Production Near Copper Deposits
Unlocking Potential: Zambia's Electric Vehicle Initiative
Zambia is embarking on an ambitious journey to engage with automakers, specifically aiming to attract electric vehicle (EV) component manufacturers. The idea is simple yet profound: establish production plants near the country’s rich copper mining sites. Why is this important? Copper is a critical raw material integral to electric vehicle engines, and Zambia, as Africa’s second-largest copper producer, is positioning itself as a vital player in the EV supply chain.…