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

Ford Electric Car Offers Impressive Range

April 3, 2019/in In the News/by Gray Leigh

Ford Electric Car Design Inspired by Mustang

Yet another major automaker goes green. Granted, Ford’s electric vehicle aspirations are nothing new. After all, it already offers several hybrids. However, the first long-range Ford electric car is set to hit the market in 2020. One enticing feature sets it apart from the competition.

READ: Volkswagen Goes Green to Stay in the Green

Codenamed “Mach 1”, the Mustang-inspired SUV surpassed 370 miles on a single charge. Admittedly, this test was through the WLTP – a European institution. This is an issue, as Ford’s target market is American. However, EPA results are still expected to exceed 300 miles.

Ford Electric CarThe European procedure is decidedly more optimistic than its American counterpart. Nevertheless, outdoorsy urbanites have a new EV to get excited about.

“Mach 1” to Challenge Tesla

Currently unnamed, Ford hopes the vehicle eases its entry into the EV space. Ultimately, the American automaker still dominates stateside truck sales. However, the company aspires to reclaim urban dominance.

As a result, it’s taken notice of recent trends. Most of the world’s largest automakers are going green. Moreover, national governments use policy to encourage electric vehicle adoption.

Clean transportation steadily rises across China and Europe. Additionally, the United States could soon revive its EV tax rebate. Evidently, such activity increases competition among EV producers.

Major Automakers Lean on Lithium-Ion

Ford Electric CarBeyond Ford, most of the world’s largest automakers have announced EV plans. Firstly, General Motors has closed factories to embrace clean vehicles. Secondly, Volkswagen has determined that switching to battery-powered cars is both environmentally and financially sound. Additionally, outside players including Harley-Davidson and Dyson have entered the space.

Because of this, Tesla’s market dominance is now under threat.

Moreover, the new Ford electric car helps transition the industry away from petroleum. Instead, producers lean on lithium-ion batteries.

Evidently, the “Mach 1” isn’t an experiment. It’s a symbol of change for the US’s 2nd-largest automaker.

Related Articles

General Motors Goes Electric

Are Electric Cars the Future of Transportation?

Global Lithium Market for Batteries to Double

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).

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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
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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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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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US EV Tax Credit could be ExpandedUS EV Tax CreditLi-Ion battery leadsLi-Ion Battery Leads Clean Energy Charge
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