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
Solo 3-wheel EV

Solo 3-Wheel EV Challenges Thinking

February 18, 2019/in In the News/by Gray Leigh

Canada’s Answer to Tesla: Solo 3-Wheel EV

Not all electric cars are $60,000. Moreover, not all electric cars have 4 wheels. By December, Vancouver-based Electra Meccanica Vehicles Corp. will be a household name. Consequently, a bit of creativity and an attractive price tag are all it takes. The Solo 3-wheel EV is set to take the auto industry by storm.

READ: Tesla Model 3: 2018’s Best-Selling Electric Car

Solo 3-wheel EVMeanwhile, industry leaders are focused on luxury vehicles. Tesla has no plans to release single-rider models. Furthermore, SUVs are the American manufacturer’s focus. However, the electric vehicle industry is about to host immense competition. Most major automakers have announced plans to release electric cars. Granted, concepts like the Solo 3-wheel EV from EMV haven’t surfaced.

Reshaping Global Transportation

Ultimately, Electra Meccanica’s Solo 3-wheel sells for $15,500 USD. As a result, 5,000 orders in just Los Angeles have been processed. Moreover, an additional 70,000 units are set to hit the West Coast over the next 2 years.

$80 million is the company’s current value. However, it’s stock value grew 220% since news of the vehicle and its price broke. The release signals a moment of change for the auto industry. Additionally, the company’s success is a big win for the electric vehicle industry as a whole.

Lithium-Powered Vehicles on the Rise

Solo 3-wheel EVAs carmakers go green, Electra Meccanica’s success is proof that thinking-outside-the-box never goes out of style. Meanwhile, innovation is the auto industry’s most prized possession.

Although Tesla currently leads the pack, the auto landscape could look completely different in 5 years time. Evidently, Solo 3-wheel EVs could dominate city centres. As charging infrastructure grows, more consumers will have access to cheap fuel. Moreover, the technology behind lithium-ion batteries rapidly improves.

Used to power eco-friendly solutions like EMV’s Solo, clean energy will soon be more efficient than conventional.

Related Articles

Mini Electric Cars Coming to United States

Norway EV Sales Lead World in 2018

Global Lithium Market 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).

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

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

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.

Lithium Batteries Power Thai VillageLithium batteries powerWireless EV ChargingWireless EV Charging on the Horizon
Scroll to top