ULTRA LITHIUM INC. — TSX.V-ULT
Ultra Lithium Inc. ULT
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Blog - Latest News
Electric Ford

Electric Ford Fleet Incoming

July 8, 2019/in In the News/by Gray Leigh

Electric Ford to Play a Major Role in Company’s Near Future

One of the US’s largest automakers plans to go green. Evidently, an electric Ford fleet will hit the market sometime over the next 5 years.

READ: Ford Electric Car Offers Impressive Range

Ultimately, Ford is in talks to create an electric vehicle partnership with Volkswagen. Moreover, the deal will include self-driving tech.

The global alliance, reaffirmed by both parties in January, is expected to be a clean transportation juggernaut.

Ford Invests Big in EV Startup Rivian

Electric FordHowever, Ford isn’t starting from scratch. Already, it’s invested heavily in EV startup Rivian. A $500 million investment will see the electric Ford fleet built on Rivian’s sustainable transportation tech.

The investment was considered a move against Tesla. Consequently, Ford believes it can usurp the international EV king.

Granted, this will take some time. Although Tesla stocks continue to drop, it’ll take some time for Ford and Volkswagen to make affordable electric vehicles available.

Majority of Automakers Lean Green

Electric FordMeanwhile, Ford’s commitment to clean energy follows the status quo. Increasingly, the world’s largest automakers invest in electric vehicle and lithium-ion battery startups.

Furthermore, new players like Dyson have entered the ring. Consequently, the EV market in the 2020s will see ample competition.

The victors will be able to provide clean transportation at an affordable price. After all, the luxury vehicle space isn’t accessible to the general public.

If global transportation is to become carbon-neutral, an electric Ford fleet will play a large part.

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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).

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LATEST NEWS

  • Ultra Lithium Cuts 1.81 Percent Lithium Oxide Over 10 Meters in Channel Samples at the Forgan Lake Lithium Property Northwestern OntarioMarch 3, 2023 - 10:16 am
  • Ultra Lithium Invites Shareholders and Investment Community to Visit Booth #2353 at PDAC 2023 Toronto, March 5-8, 2023March 2, 2023 - 6:00 am
  • Ultra Lithium Assays Up To 417 PPM Lithium in Drill Hole at the Laguna Verde Brine Lithium Project in ArgentinaFebruary 28, 2023 - 4:30 am
  • Ultra Lithium Intersects 2.68 Percent Lithium Oxide at The Forgan Lake Lithium Property in Northern Ontario, CanadaFebruary 8, 2023 - 5:00 am
  • Ultra Lithium Responds to Government of Canada Critical Minerals AnnouncementNovember 4, 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

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Assay Results
Gold Project Photos

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Stock Quote
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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

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Ultra Lithium Assayed Up to 54.77 G/T (1.93 OZ) Gold in Rock Samples from Mining...battery storageBattery Storage Systems Replace Gas Plants
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