Nano One

Nano One and VW to Make Next-Gen Li-Ion Battery

Volkswagen Teams with Nano One to Create New Li-Ion Battery

The world’s clean energy hopes hinge on lithium-ion batteries. Currently, liquid-state Li-Ion batteries power everything from smartphones to electric vehicles. Now, Canadian nanotech firm Nano One has teamed with VW to improve on this technology.

READ: Lithium Battery AI Accurately Predicts Lifespan

After all, the incentive is enormous. Currently, billions are poured into R&D projects to create safer, more efficient versions of Li-Ion batteries.

There are many reasons for this. Firstly, electric vehicles need longer lasting, cheaper energy storage solutions.

Growing Demand for Revolutionary Li-Ion Battery

nano oneSecondly, smartphones must be able to handle 5G bandwidth strains in the 2020s. Moreover, the same can be said for laptops and desktops, as software becomes more sophisticated.

Consequently, VW and Nano One plan on improving the design of ion cathodes in Li-Ion batteries.

Nano One has a scalable industrial process for producing ‘low cost’, ‘high performance’ battery materials. As the global nanotech sector exceeds $125 billion in 2024, their share of the pie will be substantial.

Automakers Invest in Li-Ion Projects

Nano OneSimilarly, the global battery market should exceed $100 billion by that point. Ultimately, both Volkswagen and Nano One have much to gain.

Moreover, so do most of the world’s automakers. After all, global battery capacity doubled in one year. As a result, Volkswagen isn’t the only firm investing in Li-Ion projects.

Toyota has invested in a lithium battery AI project. Their goal is to use machine learning to identify exactly how long a Li-Ion battery lasts. Additionally, Ford has invested in a solid-state battery startup.

A technological breakthrough will have a massive impact on the global economy. Evidently, Nano One’s experience could set the stage for a next-generation Li-Ion battery.

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Ultra Lithium Inc. A team of clean energy experts with a finger on the pulse of clean energy news, ULI is a lithium exploration company with holdings in Argentina, Canada and the US (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).

clean energy future

Clean Energy Future: Electric Cars Power Homes

Clean Energy Future: Your Car Powers Your Home

Remember when cars got you from A to B, and that was amazing? Evidently, automotive technology has changed transportation. Today, cars are as much of an entertainment tool as they are a transportation medium. Now, in a clean energy future profile, we look at how electric cars could power your home.

READ: Electric Car Pollution – Get the Facts

EVs run on lithium-ion batteries. Similarly, grid storage and solar power projects store energy in Li-Ion cells.

Evidently, this storage solution cuts down on waste and reduces the impact of climate change.

clean energy future

Billions in Energy Savings

As a result, the possibility of powering your home using this technology isn’t that far-fetched. Recently, Renault conducted a study found that a small deployment of electric cars could power entire homes.

Ultimately, this would cut down on the need for power plants and additional grid storage applications.

Renault found this practice could save countries billions in energy costs. Summarily, the study found the 4 European countries involved would each save $1.5 billion annually.

The Auto Industry Reinvents Itself

clean energy futureGranted, vehicles would need to charge at low-demand times. Moreover, they would feed energy back into the grid at high-demand times.

As electric vehicles become more popular, this vision of a clean energy future doesn’t seem so crazy.

After all, most of the world’s largest automakers have announced EV plans. Volkswagen has even claimed that failing to go electric would spell financial ruin for any auto giant.

Evidently, it’s likely that General Motors or Tesla could power your home in the not-too-distant future.

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2019 Electric Cars To Get Excited About

Ultra Lithium Inc. A team of lithium experts with a finger on the pulse of clean energy news, Ultra Lithium is a lithium exploration company with holdings in Argentina, Canada and the US (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).

affordable electric cars

Affordable Electric Cars to be Sold by GM

General Motors to Bring Affordable Electric Cars to Market

Despite their many benefits, electric cars aren’t cheap. Indeed, plenty of reasons exist to be jealous of your friend who just picked up a Tesla Model 3. After all, one drive behind the wheel of a luxury EV can ruin your appreciation of gas-powered cars – forever. Luckily, you may not have to wait long for affordable electric cars to hit the market.

READ: Volkswagen EV Sales Exceed Expectations

General Motors President Mark Reuss has made a bold claim. GM plans to sell 23 EV models by 2023.

However, the kicker is in the price tag. Affordable electric cars will be the company’s focus.

Cost to Produce Decreases

affordable electric carsThis is great news for both consumers and clean energy advocates. At long last, a major automaker isn’t interested in making exclusively luxury EVs.

Granted, GM’s electric offerings won’t rival Tesla’s in style. Furthermore, they won’t rival most luxury options in performance.

However, GM is set to crush the competition on price. And, as more automakers enter the clean energy game, it’s becoming less expensive to manufacture plug-in vehicles.

Global Auto Industry Enters EV Game

affordable electric carsConsequently, GM is betting that increased competition in the EV space will bring down the production price. Not surprisingly, this is a safe bet. Most of the world’s automakers have already announced plans for electric fleets.

Everyone from Volkswagen to Harley-Davidson will ensure that affordable electric cars are available in the early 2020s.

Furthermore, governments help. Norwegian tax breaks mean electric car sales now outnumber gas-powered. Even the US plans to revive its expired EV tax credit.

Ultimately, affordable electric cars appear to be on the horizon.

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Ultra Lithium Inc. A team of clean energy experts with a finger on the pulse of clean energy news, ULI is a lithium exploration company with lithium holdings in Argentina, Canada and the US and gold holdings in Argentina. (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).

EV Rallies

EV Rallies A Growing International Trend

EV Rallies Educate Public, Foster Community

Finding like-minded people is easy in the digital age. Indeed, this is the case for electric vehicle owners and enthusiasts. EV rallies pop up everywhere, from London to Canada.

READ: Norway Auto: How it Became the Global EV Leader

EV RalliesOrganized online, EV rallies spread facts about plug-in transportation. After all, it’s difficult to locate the truth online. A sea of fake news plagues the industry.

Nevertheless, these rallies help both owners and those interested in going green. Often, they’re completely organized by enthusiasts – it’s very rare for auto representatives to partake.

A Sustainable International Trend

Granted, participation usually requires a high-income level. After all, buying electric isn’t cheap.

However, enthusiasts are encouraged to attend – owner or otherwise. Besides, the knowledge gained at EV rallies helps potential owners navigate many of the more expensive barriers to entry.

Additionally, these events often provide drivers their first experience behind the wheel of an electric car.

Lithium-Ion Replaces Gas

EV RalliesAs many Tesla owners can attest, one lap around the block in a Model 3 can ruin gas-powered cars for a person. The quiet purr, reactive handling, and intuitive interface bring driving into the 21st century.

Evidently, Tesla isn’t the only brand impressing drivers with electric vehicle offerings. Every major automaker from Harley-Davidson to Dyson(?) has announced plans to enter the EV racket.

As a result, the cost of producing and purchasing electric cars is set to plummet.

It seems that EV rallies can expect higher turnout rates as more owners enter the community.

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EU Emissions Policy Benefits Electric Vehicles & Lithium Batteries

Ultra Lithium Inc. A team of lithium experts with a finger on the pulse of clean energy news, Ultra Lithium is a lithium exploration company with holdings in Argentina, Canada and the US (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).

 

 

Bechtel

Bechtel and GM to Build EV Charging Stations

Bechtel Construction Teams with GM to Build Charging Network

Electric vehicles popularize quickly in urban centres throughout North America. However, just 3% of American auto sales are electric. Consequently, there are many hurdles to EV adoption. Price, battery range, and charging station access are among them. As a result, Bechtel constructions and GM have a plan.

READ: Electric Car Pollution – Get the Facts

Ultimately, they’re teaming up to build a massive network of EV charging stations. Currently, Tesla’s supercharger network is the largest on the continent.

However, it still takes over 40 minutes to reach 80% capacity. Additionally, there is often a wait for a vacant charger.

Bechtel

Benefits Extend Beyond General Motors

Consequently, Bechtel and GM believe they can (help) solve this problem. A new network will increase market competition, gradually lowering the price of electricity.

Also, it will provide more options for EV drivers. Granted, the program is targeted at those driving electrified GM vehicles.

Nevertheless, users won’t have to wait until 2023, when GM’s electric fleet rolls out. The network will be available to all drivers.

A Pivot Away from Combustible Engines

BechtelProjects like this increase EV adoption rates worldwide. However, most long-term EV owners favour slow-charging methods to source power.

Nevertheless, more fast-charging stations will influence more consumers to buy electric.

Bechtel, America’s largest construction firm, has had a “major presence in power generation and power transmission for many years.” This quote, from President Keith Hennessey, captures the company’s commitment to sustainability.

Furthermore, it summarizes the American private sector’s commitment to clean energy tech.

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Ultra Lithium Inc. A team of lithium experts with a finger on the pulse of clean energy news, Ultra Lithium is a lithium exploration company with holdings in Argentina, Canada and the US (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).

ev assembly

EV Assembly: Building Cars like iPhones

Chinese Startup thinks EV Assembly Process should Mimic iPhone’s

There are many reasons Apple is the world’s first trillion-dollar company. Indeed, its (incredibly) loyal fanbase was earned by championing innovation as a founding pillar. Consequently, the way iPhones are made follows this principle. As a result, an EV assembly startup tries to replicate how Apple creates its iPhones – but for the plug-in auto market.

READ: Electric Vehicle Bubble Grows in China

Currently, nearly 500 automakers jostle for positioning in China’s cluttered EV market. Nevertheless, NIO believes it can gain a leg up on the competition with a fresh manufacturing approach.

As government subsidies for Chinese EV manufacturers end in 2020, NIO believes it can speed up the supply chain component of the manufacturing process.

Innovation a Competitive Advantage

ev assemblyAfter all, “Apple has iPhones but it doesn’t make them, yet Apple has the best manufacturing capabilities.” This quote from NIO co-founder Qin Lihong speaks volumes about his company’s direction.

He wants clients (EV brands) to focus on all other aspects of their operations. Ultimately, he wants NIO to be the go-to supply chain master for plug-in car brands.

Indeed, Qin and co. are in an enviable position. Currently, government policy restricts home-grown EV startups from manufacturing their own products.

China Looks to Dominate Global Electric Car Industry

ev assemblyGetting a license has become nearly impossible. As a result, the EV assembly market is very small – and lucrative for those already active.

This comes at a time when China’s EV industry leads the world. Granted, the gas-powered market is led by firms from countries like Japan and Germany.

Meanwhile, China believes it could become the world’s most trusted EV exporter.

For this to happen, innovators like NIO are essential. After all, China has a greater incentive than most to adopt clean energy transportation.

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Ultra Lithium Inc. A team of clean energy experts with a finger on the pulse of clean energy news, ULI is a lithium exploration company with holdings in Argentina, Canada and the US (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).

Ultra Lithium Diversifies Into Gold with the Acquisition of Three Gold Exploration Licenses

Ultra Lithium Inc. (TSX-V:ULI, OTCQB: ULTXF and Frankfurt: QFB) announced the Company has acquired three gold exploration licenses in the Chepes Area located in La Rioja Province, Argentina. The exploration Licenses:ULTRA I, ULTRA II and ULTRA III covering 27,900 hectares land were acquired by direct staking through Ultra Argentina SRL, a wholly owned subsidiary of Ultra Lithium Inc. The property surrounds a number of historical producing gold mines and is considered a favourable area for the successful discovery of gold.

Ultra Lithium’s Diversification Program
“While continuing exploration and development of our lithium projects in Canada and Argentina, the Company has developed a well-planned diversification strategy for gold projects. The acquisition of three new gold exploration licenses is our first step in this direction,” stated Dr. Weiguo Lang, CEO of UltraLithium. “The Company’s strong presence in Argentina has enabled us to acquire this large gold exploration property covering 27,900 hectares and continue to expand our gold assets through acquisitions.”

Three Mining Licences in Historical Gold Mining Area
The Chepes area has several historical gold mines and the area contains prospective quartz veins in shear hosted granodiorite rocks of early Paleozoic age. These gold veins have been mined for over one hundred years. In 1993, Japan International Cooperation Agency (JICA) studied this area and provided information on 30 different gold mineralization locations and historical mines. JICA conducted geological mapping, surface sampling, ground geophysical surveys, as well as some drilling in the Chepes Area. Based on this historical data, the Ultra Lithium team is currently compiling historical geological and exploration information to develop future work programs on the three new exploration licenses.

Geologically, the gold exploration area is underlain by tonalite, granodiorite, migmatites and amphibolite rocks of Precambrian to Paleozoic age. Gold mineralization is typically associated with epithermal style shear hosted quartz veins. Mineralization is in the form of alteration zones of hematite, limonite, pyrite, chalcopyrite, goethite and galena with occasional free gold.

CAUTIONARY NOTE: The historical information presented above was sourced fromthe JICA Report entitled, “Informe Sobre Exploracion de Minerales del Area Oeste de la Republica Argentina, Fase II” (March 1994). It is relevant for the further exploration of the project, which the Company intends to undertake in the future. A qualified person has not completed sufficient work to verify the results and the foregoing is presented for informational purposes only and should not be relied upon.

Qualified Person
The technical information contained in this news release has been reviewed and approved by Afzaal Pirzada, P.Geo., a qualified person, as defined by NI 43-101 who works as Vice President Exploration of the Company.

About Ultra Lithium Inc.
Ultra Lithium is an exploration and development company with a focus on the acquisition and development of lithium assets. The Company currently holds five brine lithium properties in Argentina, and two hard rock spodumene type lithium properties in the Georgia Lake area in northwestern Ontario, Canada. As of June 2019, Ultra Lithium has diversified its portfolio by adding three gold exploration licenses in Argentina.

Ultra Lithium Inc. A team of clean energy experts with a finger on the pulse of clean energy news, ULI is a lithium exploration company with holdings in Argentina, Canada and the US (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).

electric car survey

Electric Car Survey: 52% of Canadians to Go Green

Electric Car Survey Reveals 52% of Canadians will Buy Electric in Next 5 Years

The transportation landscape quickly changes. Indeed, bikes and carshares take up a greater market share in cities. However, the greatest impact is on private transportation, as electric vehicles popularize. Consequently, this transition will continue to increase. A recent electric car survey confirms this, revealing that most Canadians plan to purchase EVs in the near future.

READ: Driver Survey: 75% of Americans want EVs

However, electric vehicles are still few and far between. Granted, the occasional Tesla or Nissan Leaf can be spotted on city streets. Nevertheless, their presence in urban cities normalizes, even though just 3% of US auto sales are electric. Canadians have vowed to surpass this target – if they could.

Price to Decrease – with Time

electric car surveyRegrettably, clean energy vehicles are prohibitively expensive for most Canadians. As a result, families are forced to stick with gas-powered cars. After all, no affordable electric SUVs have hit the market – yet.

Nevertheless, the average price will drop in time. Currently, most of the world’s largest automakers have announced plans for EV fleets. Volkswagen’s even stated that failing to go green would spell financial ruin.

However, a lot must change for 52% of Canadians to buy electric in 5 years. As indicated by the electric car survey, there are many issues to address. Firstly, the storage capacity of the lithium-ion batteries that power EVs must increase. Granted, this is happening. Most of the newer models can travel 300 miles on a single charge.

Lithium-Ion Spearheads Emission-Free Movement

electric car surveySecondly, charging station access must improve. Much like the battery range issue, this is also being tackled. Google recently included charging stations to their Maps app. Now, users can see which charging stations are vacant.

However, most long-term EV owners don’t bother visiting fast-charging stations. Instead, they prefer to charge at home. Granted, it takes longer, but habits are changing. Owners get in the habit of remembering they can charge overnight.

Ultimately, these issues revolve around lithium-ion batteries. Furthermore, a solution to climate change goes through this technology.

If 52% of Canadians actually buy electric within the next 5 years, it will go a long way in reversing the greenhouse effect. However, this will open happen if Li-Ion tech continues to advance.

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Ultra Lithium Inc. A team of lithium experts with a finger on the pulse of clean energy news, Ultra Lithium is a lithium exploration company with holdings in Argentina, Canada and the US (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).

electric airplane

Electric Airplane to Own Norwegian Skies by 2040

The Electric Airplane and the Future of Norwegian Aviation

It’s common knowledge the transportation industry is largely responsible for the greenhouse effect. However, it’s not just land travel that’s to blame. Indeed, one intercontinental flight emits 1/5th the amount of carbon your car releases into the atmosphere over 1 year. As a result, the electric airplane will soon become a staple of air travel.

READ: Lithium Powered Planes Incoming

In particular, Norway champions the idea. Ultimately, the government plans to eliminate carbon emissions from air travel by 2040.

Norway is a large country that uses air travel to transport a great deal of cargo domestically. Incidentally, it’s also a hotbed of clean energy innovation.

“More Sustainable than Road and Rail”

electric airplaneToday, most vehicles bought in the Scandinavian country are powered by lithium-ion batteries. As a result, Norway is the envy of the clean energy world.

In keeping with this identity, Norwegian airport group Avinor takes inspiration from sustainable NASA experiments to facilitate emission-free air travel.

Ultimately, the group aims to provide charging infrastructure for planes at airports. However, it will not develop its own electric plane. Nevertheless, the group’s carbon reduction plan believes aviation can soon be “more sustainable that road and rail.”

Global Shift to Li-Ion

electric airplaneMany people have boycotted air travel in response to the industry’s climate impact. As a result, consumer behavior is sure to bring about the electric airplane.

Today, several test cases have surfaced. EasyJet plans to use planes powered by lithium-ion batteries to ferry passengers between London and Amsterdam. This would go a long way, as it’s the most frequented flight path in the world.

Additionally, most automakers and governments are also on board. Granted, their focus doesn’t extend to the sky.

For now, the electric airplane hinges on pioneering nations like Norway.

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Ultra Lithium Inc. A team of clean energy experts with a finger on the pulse of clean energy news, ULI is a lithium exploration company with holdings in Argentina, Canada and the US (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).

record deliveries

Record Deliveries for Tesla on Horizon

Quarter could see Record Deliveries for Tesla

Tesla is constantly in and out of the news. Consequently, their stock price follows suit, going up and down with the latest Elon Musk tweet. However, some good news left the co-founder’s outbox recently. He projects record deliveries in this quarter for the automaker.

READ: Tesla Profitable: Good News for Electric Car Industry

In a late-night company email, the South African billionaire expressed confidence in Tesla’s direction. Not surprisingly, its contents leaked to the public.

Granted, there are reports the company loses more money than it makes. Nevertheless, news of record deliveries is sure to revitalize employee morale.

record deliveries

1,000 Model 3’s Per Day

More importantly, these words should spark the same feeling among investors. Its previous delivery record was 90,000 cars in Q4 2018.

However, total deliveries dropped to 63,000 in Q1 2019. Ultimately, this led to a $702 million loss over this period.

Consequently, Musk has set a lofty goal for the company. “In order to achieve this [record], we need sustained output of 1,000 Model 3’s per day.”

 

Big Players Threaten Tesla’s Market Dominance

record deliveriesRealistic or not, Musk’s ambitious play comes at a time of uncertainty for the EV titan.

Currently, most of the world’s largest automakers have announced electric fleet plans. General Motors, Honda, Volkswagen and every brand in between is on board.

As a result, Tesla’s market dominance is under threat. Nevertheless, increased competition in the sector is sure to benefit consumers.

Currently, the Model 3 is the world’s best-selling vehicle. Tesla’s survival hinges on how long this can last.

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Ultra Lithium Inc. A team of clean energy experts with a finger on the pulse of clean energy news, ULI is a lithium exploration company with holdings in Argentina, Canada and the US (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).