An electric vehicle factory could be built in Western Serbia due to the proximity of lithium deposits, said Serbian President Aleksandar Vucic.
Vucic also said that he would try to arrange a brief meeting with the Chinese Vice President, Wang Qishan during the World Economic Forum in Davos to speak to him about the investment, namely about opening an electric bus factory somewhere in Western Serbia, as we are one of the countries with the highest lithium deposits in the world.
Asked by the press whether the Jadarite project, that the Rio Tinto Company plans to implement in Western Serbia, could be successful, Vucic said he was unable to answer that question which should be directed to the company itself.
Want to open a company in Serbia? Click here!
He did underline that the project was important for the entire region of Western Serbia, and that the company already had talks with the Chinese about cooperation.
“I will try to have a brief meeting with China’s Vice President to discuss it,” Vucic said.
The area around the town of Loznica is known for its lithium deposits, which some experts have assessed as being 10% of the entire global lithium reserves. Lithium is used in production of electric vehicle batteries.
“That’s why we want to bring the Chinese who are already talking with Rio Tint about building a factory in Serbia. We should try to give them the best possible price for Lithium so that they can start manufacturing electric buses in our country”, Vucic added.
Vucic also pointed out that the factory could be located somewhere near Prijepolje or Krupanj.
He reminded that there were already two factories built in Loznica and added that similar factories should be built in the town of Uzice and the Zlatibor region, as this area lacks foreign investments. He went on to say that, in order for that to happen, we would need to finalize the construction of the Cacak-Pozega motorway segment and build the roads around Uzice, namely the Pozega-Sevojno-Uzice stretch.
This post is also available in: Italiano