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Our Electric Cars 2018 list looks at Asia, North America and Europe

Electric Cars 2018: An industry disrupted

The 21st century is all about disruption. Not surprisingly, the auto industry is no exception. Our Electric Cars 2018 list breaks down the industry’s major players.

With China leading the way, plug-in vehicle sales records are regularly broken. North America and Europe are steadily catching up, but the Asian superpower has a clear lead.

In the wake of such rampant change, we’ve decided to let you know who the major players are.

Without further ado, our Electric Cars 2018 list.

You’ll find 3 offerings. One from each of the world’s largest markets. Asia, North America and Europe.

The Renault-Nissan-Mitsubishi Alliance offers the Nissan Leaf, among other EVs

Europe: Renault-Nissan-Mitsubishi Alliance

Regrettably, the European Union relies on Russian gas to fuel its automotive industry. As a result, electrifying its motorways could improve the region’s energy situation.

Leading the domestic charge is the Renault-Nissan-Mitsubishi Alliance, which originally formed in 1999. The Nissan Leaf is the current global leader in units sold per month.

Ultimately, the merger is a tool to increase shareholder value and EV market share. So far, it’s working.

Tesla’s size is expected to grow rapidly

North America: Tesla

The continent’s flagship EV producer is also its most successful. The Model 3 laps the pack in monthly EV sales, and over half of overall sales run through Tesla’s factories.

With its gigafactory set for completion within the next few years, Mr. Musk’s early start has benefited the firm immensely.

Competition for the American behemoth is growing, but nowhere near fierce. Furthermore, Tesla sits very close to the United States’ largest lithium reserve in Nevada. As companies and countries lobby for lithium projects, Tesla is well positioned as lithium demand intensifies.

BYD leads an impressive Chinese EV push

Asia: BYD (Build Your Dreams)

We finish with a Chinese Titan. While China is home to many producers, we chose BYD because the private company has ascended the auto ranks remarkably fast.

That and Warren Buffett invested $230 million USD in BYD’s parent company. He owns a 10% stake.

On top of this, BYD sold the most EVs in the world in 2017.

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).

Emissions Push Government to Lofty Goal

Carbon emissions in China fuel the nation’s EV push

The world’s roads are electrifying quickly. This is great news for China, a country with heavily-polluted six megacities.

Residents rarely enjoy clear skies, as carbon emissions ensure a thick haze blocks any view.

The Chinese government has responded to this crisis with a lofty goal: zero gas-powered vehicle sales by 2030.

China isn’t Going Electric Alone

emissions-Volkswagen-VW-electric vehicle-ev

Western auto companies like VW are now making EVs

While Tesla leads the North American EV market in sales, Chinese manufacturers lead the world.

BYD (Build Your Dreams), Byton, BAIC and other Chinese firms set sales records every year.

In response, Western auto titans like BMW and Volkswagen enter the EV game.

Consequently, EV power stations will outnumber gas stations in the not-too-distant future.

America Goes Electric, but Slower

America has only one lithium mine, in Nevada

An underreported executive order was signed in late 2017. It challenges a commonly held belief about the Trump administration.

It identifies 23 minerals deemed critical to America’s economy and security. Of no surprise, lithium tops the list.

Rest assured, America is not anti-green. National emissions levels continue to drop at record levels.

Lithium the Key to Reducing Emissions Levels

EV automobile production and sales are booming in China

Lithium resources in the US exceed 5.5 million tonnes.

However, the global hegemon isn’t a major lithium producer. Instead, South America and Australia lead the pack.

Lithium powers laptop, smartphone and EV batteries. A global shortage has caused demand to rise.

China the World’s Leading Lithium Consumer

China is the world’s leading lithium-ion manufacturer

In terms of lithium-ion battery consumption, China leads the world. The same goes for battery production.

A nation whose megacities pollute the skylines of even its smallest villages, the communist state is committed to improving air quality.

EV subsidies and a massive ownership waitlist are promising.

This is great news for a region where oxygen bars replace nature walks.

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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