electric Mazda

Electric Mazda to Hit Market in 2020

First Electric Mazda Due Out Next Year

In 2016, Mazda announced plans to release an electric car line by 2019. However, this didn’t happen. Despite every indication the industry was headed in a sustainable direction, the company committed to gas-power vehicles. Now, this is changing as the first electric Mazda is due out in 2020.

READ: Dyson Electric Car Patent Revealed

Two key factors helped change Mazda’s mind. Firstly, most of the world’s automakers have gone green. Competitor Volkswagen has even stated that failing to electrify would spell disaster for an automaker’s bottom line.

Secondly, emission restrictions in Europe have tightened. Indeed, the EU has doubled down on its Paris Accord commitment.

EV Partnership with Toyota Promising

electric MazdaConsequently, the Japanese automaker has adjusted to reflect this new – greener – reality. Furthermore, the first electric Mazda will be released through a partnership with Toyota.

As for the model itself, no information has been released. However, speculation points to an SUV or hatchback.

Granted, Mazda hasn’t announced which demographic it will serve. Will it cater to the cluttered luxury EV space? Or, will it serve the middle-class?

Mazda Changes its Mind

Electric MazdaThe family market has received much attention of late, as GM announced its upcoming line fixates on affordability. Nevertheless, the first ‘affordable’ electric GM won’t be available until 2025.

Regardless of which market Mazda caters to, its organizational shift is encouraging. After all, an executive previously stated the “impending death of the internal combustion engine is overrated.”

Clearly, market developments over the past few years have proven this statement wrong. As Tesla’s market share decreases, plug-ins won’t soon be called ‘compliance vehicles.’

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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).

India manufacturing

India Manufacturing to be Li-Ion Leader

India Manufacturing Sector Strives to be Li-Ion Production Leader

It’s no secret the world’s energy needs are changing. Indeed, more than ever, governments and corporations demand sustainable solutions. As a result, the global energy sector is involving. In keeping with the times, India manufacturing vies to become a leader in lithium-ion battery production.

READ: India EV Scheme Approved for $1.4 Billion

Furthermore, the world’s most populous nation wants to become a clean energy leader. Evidently, this already benefits the country’s growing middle-class.

A $1.4 billion tax scheme helps Indians get into electric vehicles. Meanwhile, the homes of over 2 million Delhi residents are powered by a Li-Ion grid storage project.

$40 Billion in Investments over 2-3 Year Period

India manufacturingTo power this new Green Revolution, the Indian government has invested heavily in South American lithium. After all, nearly half of the world’s lithium supply is shared between Argentina, Bolivia and Chile.

Ultimately, the Indian government wants to set up 40 GW of li-ion battery manufacturing capacity. This ambition is reflected on a regional scale.

The state of Telangana has made a pitch for 5 Li-Ion production sites. Overall, they will produce 5 GW of power. Nationally, projects like this will attract over $40 billion in investments over a 2-3 year span.

New Players in Energy Sector

India manufacturingTo the surprise of many, India is a clean energy pioneer. However, it has much to gain from sustainable practices. Already, many private operations throughout the country work to create lithium-ion batteries for electric vehicles.

Although China, Europe, and the US are the largest electric vehicle markets, this could change. If India streamlines its supply chain operation, most drivers in the nation of nearly 1.4 billion could drive electric.

Granted, this will take some time. However, being a leader in lithium-ion battery production could speed things up.

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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).

gold uses

Gold Uses in the Modern Economy

A Look at Gold Uses After Ultra Lithium Enters the Sector

This week, Ultra Lithium announced the acquisition of 3 gold exploration licenses in Argentina. This move is significant; gold is officially the second commodity we explore. However, this doesn’t affect our commitment to lithium. Furthermore, it doesn’t change our identity as a go-to clean energy source. Nevertheless, we felt it appropriate to commemorate this new acquisition by looking at gold uses in the modern age.

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

But first, let’s take a look at the history of gold.

When Spanish conquistadors found gold in the “New World,” they were surprised to learn the continent’s inhabitants already held the mineral in high esteem.

Applications Across Most Industries

gold usesConsequently, the value of gold seems to transcend culture. The pursuit of gold appears to be a byproduct of the human experience.

Without further ado, let’s break down gold uses by industry:

1) Jewelry – 38%

As indicated by the graph below, the jewelry industry takes the golden cake. Evidently, wedding rings, necklaces and other symbols of wealth or affection comprise the bulk of demand. Surprisingly, Olympic gold medals are primarily made of silver.

2) Electronics – 34%

It’s common knowledge that gold conducts electricity. As a result, it is used in connectors, switch and relay contacts, soldered joints, connecting wires and connection strips. Additionally, computer processors use gold plated pins.

3) Coins – 22%

gold uses

Although digital currency is on the rise, the value of currency has long been tied to the value of gold. Consequently, the United States tied the value of money to gold until recently. Despite the change, coin manufacturing commonly uses gold. Surprisingly, the Canadian loonie doesn’t use gold.

Other Gold Uses

Additionally, dentists use gold in fillings. Evidently, it has aesthetic appeal and an inoffensive taste.

Meanwhile, doctors use gold to treat a rare condition where patients can’t close their eyes. Consequently, a small amount of gold in the eyelid acts as a weight.

There are many other gold uses across most industries. Ultra Lithium is proud to diversify into this exciting field, to explore mining operations where large quantities of this valuable element might be found.

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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).

Alexa EV

Alexa EV Integration Championed by Rivian

Virtual Assistants on the Road with Alexa EV Integration

Nearly 25% of American homes have a smart speaker. Evidently, there is public buy-in around virtual assistants. American automaker Rivian has taken notice. Consequently, the company invests in Amazon Alexa EV integration. Reportedly, it will roll out with the company’s clean transportation line.

READ: Data Cars and the Self-Driving Revolution

Alexa EVThe company’s RT1 – an electric pickup – was recently showcased with Alexa EV integration. The most exciting part of the demo came when a representative opened the hood with their voice.

Granted, it will take some time for this technology to become common in vehicles. Moreover, translating the virtual assistant experience for mobile use is a challenge.

Open the Hood – Hands-Free

After all, in-home smart speaker functionality benefits from their stationary nature. Consequently, creating a similar experience for an on-the-go user is something else entirely.

Nevertheless, Rivian and Amazon will test the waters. Currently, Alexa EV integration hasn’t been discussed beyond voice command functionality.

Moreover, the technology is in its infancy. Although it’s highly probable virtual assistants will eventually play a large part of life on the road, a lack of competition stonewalls innovation.

Era of Innovation Grips Auto Industry

Alexa EVGranted, this isn’t to say the auto industry isn’t innovative. On the contrary, the electric era asks players to be more innovative than at any time post-WWII.

On a weekly basis, more automakers and governments embrace cars that run on lithium-ion batteries. Furthermore, billions are poured into R&D research supporting this change.

Therefore, Rivian’s Alexa EV integration isn’t much of a gamble. After all, a tornado of changes grips the auto industry.

Successfully incorporating voice command tech is a competitive advantage. As a result, expect more automakers to follow Rivian’s lead.

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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).

Toyota electric car

Toyota Electric Car Line Due Earlier than Expected

Toyota Electric Car Line to Launch Worldwide in 2025

Most of the world’s automakers have announced electric vehicle plans. Originally, Toyota stated their line of plug-ins would hit the market in 2030. However, this has changed. The company’s executive vice president has announced the Toyota electric car line will debut in 2025.

READ: Volkswagen EV Sales Exceed Expectations

Obviously, this is great news for a number of parties. Firstly, clean energy advocates can rejoice that yet another multi-billion dollar automaker has gone green.

Secondly, Toyota stakeholders. After all, failing to transition from gas to electric vehicles could be financially disastrous. This move increases investor confidence, proving the company has a realistic understanding of where the industry is headed.

Competition in EV Space Ramps Up

Toyota electric carLastly, this move benefits consumers. Evidently, increased competition in any market brings down the cost of production. Consequently, this also reduces the retail price.

Therefore, Toyota’s 2025 line will help middle-class families enter the electric space. Granted, much can happen in 6 years. Most automakers plan to bring their own electric line to market in the early 2020s.

Nevertheless, Toyota’s restraint could benefit the company. They’ll be able to learn from various case studies of automakers who shifted from combustible to electric engines.

New Stylistic Direction for Japanese Automaker

Toyota Electric CarMoreover, the Toyota electric car line doesn’t fixate on the luxury space. Meanwhile, most competitors serve the premium market.

Consequently, Toyota escapes competition with the likes of Tesla. Granted, the American automaker has a massive headstart in the EV space.

What’s more, the concept cars in Toyota’s electric fleet are revolutionary on two fronts. Firstly, they are very sleek for a line focused on families.

Secondly, they represent a stylistic departure for Toyota.

We’ll see if this bold change pays off when the Toyota electric car line debuts in 2025.

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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).