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Blog - Latest News

Solid-State Batteries in Electric Vehicles

November 2, 2018/in In the News/by Gray Leigh

Solid-State Lithium Batteries Will Change Everything

Technological advances mean big money. No matter the industry, medium or application, a breakthrough can seriously improve a firm’s bottom line. It can even change the world. Solid-state batteries made with lithium are primed to do so for electric vehicles. Today, electric vehicles are hampered by weak storage capacities. Although exciting advances are being made to improve battery surface area, improvements aren’t coming quickly enough for both consumers and manufacturers.

Consequently, 1 EV startup CEO has answered the call: Henrik Fisker. Creator of Fisker Automotive, the Danish entrepreneur reported his company is only months away from a major advance: solid-state lithium batteries for electric vehicles.solid-state batteries

Elon Musk’s Cry for Help

This is big news for a number of reasons. First, today’s lithium-ion batteries are “wet” – they use liquid electrolytes to move energy around inside battery cells. Second, Elon Musk himself requested such a breakthrough. The call for help was during a 2017 Tesla earnings call. Obviously, the former Executive Chairman was speaking about the company’s struggles with battery storage capacity. Third, answering the call for help means someone has a way to drastically improve EV storage capacity. Say goodbye to range anxiety. Fisker’s claim means that batteries would be safer and charge faster.

Furthermore, it means that less space is needed for temperature control. Obviously, more battery space can fit this extra room.

Lithium’s Role in Solid-State Batteries

Lithium-ion batteries need lithium and cobalt. Consequently, mining and extracting these minerals is important. Automakers, battery manufacturers and national governments have taken notice. Most of the world’s lithium mines are in Argentina, Bolivia, Chile, Australia, Portugal and Nevada. However, Argentina has the best political and geographical conditions for mining. Argentine lithium mines provide locals with safe jobs that cause no environmental damage.

solid-state batteriesMoreover, Ultra Lithium Inc is proud to announce it has applied for a drilling permit at our Laguna Verde site in Argentina. This site will help satisfy the world’s growing thirst for lithium.

Ultra Lithium Inc. A team of clean energy experts with a finger on the pulse of mining news, ULI 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

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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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