Bolivian startup, Quantum Motors, makes tiny electric vehicles (EVs) aimed at the Latin American masses. The company aims to bring electric mobility to people for whom a top-tier EV such as a $45,000 Tesla is out of reach. “Every country, rich or poor, has to move to electric mobility in the coming years,” said José Carlos Márquez, co-founder and CEO of Quantum. Quantum, together with a string of startups across the Global South, from India to Argentina, is taking the concept of affordable EVs global. The cars cost around $6,000 each and can comfortably seat one person.

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