ULTRA LITHIUM INC. — TSX.V-ULT
Ultra Lithium Inc. ULT
  • Home
  • About
    • Overview
    • Directors
    • Management
    • Corporate Responsibility
    • Corporate Information
    • Disclaimer
  • Lithium
    • Overview of Projects
    • Laguna Verde Brine Lithium Property
      • Laguna Verde Brine Photos
      • Laguna Verde Brine Maps
    • Georgia Lake Lithium Pegmatites
      • Georgia Lake Lithium Photos
    • Forgan Lake Lithium Pegmatites
    • South Big Smoky Valley Project
    • Lithium Uses
  • Gold
    • Gold Projects
    • Assay Results
    • Gold Project Photos
  • Investors
    • Stock Quote
    • Investor Presentation
    • Regulatory Filings
    • Investor Contact
  • News
    • News Releases
    • Media Contact
    • Media Resources
  • Contact
    • Contact Information
    • Investor Email Signup
  • Menu Menu
  • Twitter
  • Facebook
  • LinkedIn
  • Youtube
Blog - Latest News
Chinese electric car

Chinese Electric Car Industry Leads World

January 9, 2019/in In the News/by Gray Leigh

Chinese Electric Car Industry Laps Competitors

The world’s second-largest economy is the clean energy frontrunner. However, the Chinese electric car industry has only revved its engine.

READ: Emissions in China: 100% EVs by 2030

Chinese electric carNevertheless, China’s invested more in EVs than any country in the world. Meanwhile, it’s home to nearly all of the world’s electric two-wheelers. Furthermore, it has over 100 domestic electric car makers. Additionally. China accounts for over 35% of global EV sales. Both supply and demand metrics are stratospheric. Tesla took notice. Its Shanghai factory is currently under construction.

People’s Republic to Benefit

Consequently, Beijing will benefit from EV adoption for a number of reasons. First, EV adoption will force air pollution to plummet. After all, the transportation industry is the number one climate change contributor. Additionally, the communist state relies heavily on imported oil. As a result, Chinese investments in global lithium mines have increased.

It’s done this because batteries are expensive. Fortunately, advances in lithium-ion battery technology consistently surface.

Chinese electric car

Lithium at Forefront of Change

The federal government backs this sustainable approach. Under Xi Jinping, the centrally planned economy spearheads the global clean energy movement. Consequently, its Belt & Road Initiative is influenced by these ambitions. The directive funnels money into developing economies. Not surprisingly, this strategy has increased the country’s sphere of influence.

A byproduct of this plan: China now owns over half the global lithium supply. With most of the world’s lithium in South America, investments in the region have significantly increased. It’s no secret why more EVs were sold in China last year than the rest of the world combined.

Related Articles

• Apple Electric Vehicles: Will They or Won’t They?

• EV Adoption Influenced by Social Groups

• 2019 Electric Cars To Get Excited About

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).

Share this entry
  • Share on Facebook
  • Share on Twitter
  • Share on LinkedIn

LATEST NEWS

  • Ultra Lithium Responds to Government of Canada Critical Minerals AnnouncementNovember 4, 2022 - 4:30 am
  • Ultra Lithium Inc. Provides Update On Yahua InvestmentOctober 13, 2022 - 4:30 am
  • Ultra Lithium Completes 3,500 Meters Drilling To Date At Forgan Lake And Georgia Lake Lithium Properties Northwestern Ontario Intersecting Lithium Pegmatites With Widths Up To 15 MetersOctober 11, 2022 - 4:00 pm
  • Ultra Lithium Inc. Closes Private PlacementOctober 7, 2022 - 5:00 pm
  • Ultra Lithium Announces Private PlacementSeptember 8, 2022 - 4:30 am

ABOUT

Overview
Management
Directors
Corporate Responsibility
Corporate Information
Disclaimer

 

LITHIUM

Overview of Projects
Laguna Verde Brine Lithium Property
– Laguna Verde Brine Photos
– Laguna Verde Brine Maps
Georgia Lake Lithium Pagmatites
– Georgia Lake Lithium Photos
Forgan Lake Lithium Pagmatites
South Big Smoky Valley Project

Lithium Uses

GOLD

Gold Projects
Assay Results
Gold Project Photos

INVESTORS

Stock Quote
Investor Presentation
Regulatory Filings
Investor Contact

NEWS

News Releases
Media Contact
Media Resources

CONTACT

Contact Information
Investor Email Signup 

CONTACT INFORMATION
Ultra Resources Inc.
1120 – 789 West Pender St.
Vancouver BC V6C 1H2
Canada

Kiki Smith, CPA, CGA
Chief Financial Officer
E: [email address protected by javascript]
T: +1-778-968-1176

Afzaal Pirzada, M.Sc.(Geo), P.Geo.
Vice President, Exploration
E: [email address protected by javascript]
T: +1-778-558-4940

Branding and Design:
NextPhase Strategy Marketing Inc.

Electric Harley Davidson Bikes To Roll Outelectric harley davidsonSouth Korean lithium demandSouth Korean Lithium Demand Increases
Scroll to top