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
Gupta Family

Gupta Family to Make Niche Electric Cars

May 7, 2019/in In the News/by Gray Leigh

Gupta Family Works with F1 Designer to Bring EVs to Market by 2020

It seems everyone’s hopping on the bandwagon. Indeed, lithium-ion batteries power this particular carriage. Evidently, the trend has transformed beyond pipe dream into a full-blown reality. Consequently, billionaires and millionaires the world over have taken notice. Even India’s Gupta family has put their gold-plated hat in the ring. They’re working to bring their own line of EVs to market.

READ: Electric Aston Martin Unveiled

Granted, these things take time. After all, executing a project of this scale takes years.

What’s that? They’re planning on making the fleet available to consumers by next year? Apparently, anything’s possible when money isn’t an object. Additionally, having former F1 designer Gordon Murray in your corner doesn’t hurt.

Gupta Family

Cost of EV Ownership Dropping

The Gupta family has made its fortune in several arenas. These include mining, railways, media and armaments. Evidently, their foray into the EV game is a first for the famous clan.

Nevertheless, they have ample experience starting and actualizing massive projects. This is a challenge they’re prepared for.

Furthermore, their timing is perfect. Several reports suggest the total cost of EV ownership will be less than gas-powered vehicles very soon.

 

Automakers Electrify at Startling Pace

Gupta FamilyWith a focus on Australia, the Gupta family hopes to launch a vehicle with significant battery range. However, they don’t face this challenge alone. Globally, billions are poured into lithium-ion battery R&D projects.

As a result, range anxiety will soon be a buzz word of the past. Furthermore, the problems around charge station access are being solved. In the US and UK, Google Maps can tell users which stations are occupied.

Granted, a glut of EV manufacturers flood the market. While Tesla is still top dog, it’s market share is under threat.

High-rollers like the Gupta family should push Elon Musk & Co. to innovate at a quicker pace.

Related Articles

Polestar 2 Volvo’s Attempt to Compete with Model 3

Norway EV Sales Lead World in 2018

Are Electric Cars the Future of Transportation?

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).

 

 

 

Share this entry
  • Share on Facebook
  • Share on Twitter
  • Share on LinkedIn
You might also like
recession Recession Talk Drives Up Gold Price
Flip the fleet Flip the Fleet Brings EVs to NZ
electric Mazda Rock Tech Lithium Inc Grants Ultra Lithium An Exclusive Right To Purchase The Georgia Lake Lithium Project
electric Mazda Ultra Lithium Signs Agreement to Acquire Lithium Brine Property in Catamarca Argentina
affordable electric cars Affordable Electric Cars to be Sold by GM
Global transportation Global Transportation Sector: 30% Electric by ’30
electric Mazda Ultra Lithium Receives Drilling Permit and Signs Drill Contract for Exploration at the South Big Smoky Valley Brine Lithium Project
electric Mazda Electric Mazda to Hit Market in 2020

LATEST NEWS

  • Ultra Lithium Sells Laguna Verde for Share Stake in Power MineralsMay 17, 2023 - 5:00 am
  • 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

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.

BYD Profit Swells as Chinese EV Industry Surgesbydslow chargingSlow Charging Favoured by EV Drivers
Scroll to top