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Car design

Car Design Trends Change with EV Adoption

Electric Car Technology Changes Modern Car Design

A vehicle’s look weighs heavily into the decision to buy. Indeed, engineers must combine brand design standards with practicality. Engine components and aerodynamics often outweigh stylistic needs. Evidently, this process takes on a different shape in electric car design.

READ: Electric Road Trip to Span Continent

Car design

After all, electric cars feature a ton of electronic parts. Meanwhile, gas-powered models contain large, mechanical innards.

Ultimately, engineers have designed frames to fit around combustible engines for over a century. Now, they’re relearning on the fly with electric molds.

Different Build, Different Style

These designs differ in many ways. Firstly, EVs don’t have large engines behind the grill. Consequently, automakers can get creative in front end designs. Case-in-point: the lack of a grill. There is less of a need for ventilation in zero-emission rides.

Secondly, less moving parts equals spacy interiors. Say hello to limo-like legroom.

Additionally, electric vehicles require no exhaust pipes. Why would they? Zero emissions mean no waste.

Automakers Lean on Lithium

Car designFurthermore, autonomous vehicles are also set to influence design changes. After all, features like windshields won’t be necessary. Nevertheless, the auto industry is going through massive changes that go far beyond design. Indeed, global energy needs have forced automakers to rethink how consumers get from A to B.

Moreover, it’s forced them to look for new energy sources. Lithium-ion batteries power today’s electric vehicles and a global shortage threatens the industry’s growth. As a result, more efficient batteries are needed. Luckily, these are on the horizon.

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Ultra Lithium Inc. A team of clean energy experts with a finger on the pulse of clean energy news, ULI is a lithium exploration company with lithium holdings in Argentina, Canada and the US and gold holdings in Argentina. (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).

European Central Bank

European Central Bank Believes in Gold

European Central Bank Abandons 20-Year-Old Gold Sales Pact

It appears the European Central Bank believes in the long-term value of gold. Indeed, skeptics have long wondered if the element could maintain its financial weight ever since the United States abandoned the gold standard.

READ: Why Gold is Used as Money

Nevertheless, gold has survived various threats – including the rise of cryptocurrency. As a result, Europe’s highest-ranking financial institution has abandoned a 20-year-old pact to coordinate gold sales.

Consequently, the central bank has no plans to sells large quantities of gold. This speaks volumes to the metal as an asset.

Gold Maintains Global Importance

European Central BankAfter all, tying an entire continent’s economic future to a material is speaks to the confidence experts have in its long-term value.

Evidently, this wasn’t the case in the 1990s. The EU sporadically sold gold throughout the decade, undermining its value and stability as a precious metal.

The signatories confirm that gold remains an important element of global monetary reserves, as it continues to provide asset diversification benefits, and none of them currently has plans to sell significant amounts of gold.”

Ultra Lithium Diversifies into Argentina Gold

European Central Bank

Consequently, signatories are only allowed to sell a certain amount of gold each year. This follows a surge in gold’s value in the past two decades.

As if to prove how stable it is, the market for gold didn’t move following the announcement.

As a result, Ultra Lithium’s decision to diversify into Argentina gold is encouraging. The acquisition gives us a second resource that’s central to the world’s long-term economic health.

While lithium is the fuel of a sustainable future, gold will ensure economic stability.

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Lithium-Ion Battery Breakthrough at Penn State

Ultra Lithium Inc. A team of clean energy experts with a finger on the pulse of clean energy news, ULI is a lithium exploration company with lithium holdings in Argentina, Canada and the US and gold holdings in Argentina. (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).

Electric Aviation

Electric Aviation Takes Flight in Hawaii

Ampaire Launches Electric Aviation Initiative

Air travel pollutes more than land travel. Indeed, one transcontinental flight could damage the environment more than an entire year of office commuting. As a result, LA-based Ampaire will start testing electric aviation capabilities.

READ: Lithium Powered Planes Incoming

Granted, the planes are only partly powered by electricity. The aviation company has retrofitted several models from its current fleet to incorporate lithium-ion battery power.

Taking place in Hawaii, there are two primary reasons for the initiative. Firstly, there’s the aforementioned environmental component. A recent IPCC climate report painted a grim future if humanity fails to pivot away from dirty energy sources.

Cleaning Up the Skies

Electric AviationSecondly, fuel is tremendously expensive. As a result, airlines have a financial motivation to follow in Ampaire’s footsteps. Test cases like this will help improve the underlying technology, as they provide researchers data to draw from.

Several commercial routes between Hawaiian islands will use the reconfigured, eco-friendly Cessnas. Evidently, Scandinavia isn’t the only site of clean air travel efforts.

Northern Europe is a clean energy haven. In particular, Norway aims to abandon gas-powered domestic flights by 2040.

Clean Energy Leans on Lithium

Electric AviationMeanwhile, EasyJet is on the cusp of something huge. The world’s most frequented route between London and Amsterdam could soon be navigated by electric planes.

Granted, it’ll take some time for R&D efforts to produce results.

Nevertheless, it’s an exciting time for clean energy advocates that enjoy overseas vacations.

Ampaire’s electric fleet could enter full commercial service by 2021.

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Electric Planes in Norway

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Ultra Lithium Inc. A team of clean energy experts with a finger on the pulse of clean energy news, ULI is a lithium exploration company with lithium holdings in Argentina, Canada and the US and gold holdings in Argentina. (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).

lithium battery inventor

Lithium Battery Inventor Wins Copley Medal

More than ‘Good Enough’, Lithium Battery Inventor Wins Scientific Research Prize

Professor John Goodenough has won a prestigious award. Indeed, the 97-year-old lithium battery inventor deserves the oldest science prize of its kind in the world.

READ: New Li-Ion Battery to Increase Capacity, Density

The Copley Medal is awarded by the Royal Society for outstanding achievements in scientific research. Goodenough accepted the award at the University of Texas, where he resides at the Cockrell School of Engineering.

A Clean Energy Icon

lithium battery inventorWithout Goodenough, the path to a rechargeable battery would’ve been much rockier. Consequently, humanity’s ability to power smartphones, consumer electronics, and electric vehicles would’ve taken much longer.

Granted, the lithium-ion battery is yet to be perfected. As a result, the physicist works to improve the technology. He’s currently attempting to create solid-state Li-Ion batteries. Currently, only liquid state versions are available and come with various design limitations.

However, Mr. Goodenough’s achievements go beyond lithium-ion batteries. After all, he was part of the team that invented Random Access Memory (RAM) in computers.

Sustainability and Lithium

lithium battery inventor

Indeed, the lithium battery inventor is more than an American scientific icon. His discoveries impact the entire world.

After all, lithium-ion batteries are currently the best clean energy power storage solution on the market.

From large grid storage power applications to electric vehicle batteries, the path to sustainability goes through Li-Ion.

Evidently, the Royal Society acknowledges that future generations owe Professor Goodenough a great debt.

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Ultra Lithium Inc. A team of clean energy experts with a finger on the pulse of clean energy news, ULI is a lithium exploration company with lithium holdings in Argentina, Canada and the US and gold holdings in Argentina. (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).

lithium price

Lithium Price Transparency Backed by Argentina

Argentina Government Favours Lithium Price Transparency

Lithium mining in Argentina is big business. After all, the world’s energy needs are changing. However, the absence of a globally accepted lithium price makes it difficult for governments to create policies that control how the mineral is mined and processed. As a result, the government of Argentina advocates lithium price transparency.

READ: Lithium Deposits in China Pressure Europe, N.A.

Granted, this isn’t a huge surprise. Indeed, Argentina offers the best conditions for miners among countries in the Lithium Triangle.

This cluster of mineral-rich countries also includes Peru and Chile.

lithium priceA Global Price Standard

Moreover, lithium mining in Argentina is among the world’s most sustainable. In particular, Australian hard rock mining leaves a massive carbon footprint.

Unfortunately, this method helps to power the world’s leading electric car market.

The lack of a global lithium price means ethical producers and miners enjoy no advantage when bidding for contracts.

Governments, Automakers Fixate on Lithium Triangle

lithium priceMeanwhile, lithium price transparency would ensure that governments and mining companies can’t cut corners when shaking hands.

It would allow governments to craft long-term policies that protect workers. Moreover, it would ensure that miners using sustainable, ethical methods that would improve the social welfare of the communities in which they operate.

In Argentina, brine mining is practiced. Although it can take some time, it is infinitely more eco-friendly than hard rock mining practices.

If the government of Argentina gets its way, its mines will power the world’s next generation of vehicles.

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Netherlands EV Share World’s 2nd Best

Ultra Lithium Inc. A team of clean energy experts with a finger on the pulse of clean energy news, ULI is a lithium exploration company with lithium holdings in Argentina, Canada and the US and gold holdings in Argentina. (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).

BMW Doubles Li-Ion Battery Production

$10 million Investment as BMW Doubles Electric Vehicle Battery Production

25 electric vehicle models by 2023 is no easy feat for a number of reasons. Firstly, each model requires a custom battery design. Secondly, enough batteries must be produced to satisfy demand. Evidently, a prominent German automaker is aware as BMW doubles EV battery production.

READ: BMW Management Focuses on EVs

Evidently, the need to roll out an electric fleet to compete with Tesla is the company’s singular focus. Consequently, BMW fired its CEO for this reason alone.

After all, BMW has struggled in electric car sales. Despite entering the market early on, its flagship iSeries hasn’t gripped consumers.

BMW DoublesExpanded EV Effort

As a result, BMW’s decided to move in a different operational direction. Much like Toyota, it understands that financial success means phasing out traditional models.

Moreover, it knows that satisfying consumer demand for new electric vehicles will soon be crucial. It can learn from the long waitlist plaguing Tesla customers.

BMW’s new battery production line will employ over 120 people.

Building a Battery for Success

BMW DoublesFurthermore, the move will expand the South Carolina assembly plant by 86,000 feet.

It’s important to note different types of Li-Ion batteries will be assembled on this new line. BMW will be equipped to take advantage as more sophisticated battery designs hit the open market.

Nevertheless, automakers like Toyota are taking steps to create patented Li-Ion battery designs that competitors can’t use.

Consequently, BMW’s success hinges on developing enough sophisticated batteries to meet consumer demand.

Also, batteries that eliminate range anxiety would help.

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Netherlands EV Share World’s 2nd Best

Ultra Lithium Inc. A team of clean energy experts with a finger on the pulse of clean energy news, ULI is a lithium exploration company with lithium holdings in Argentina, Canada and the US and gold holdings in Argentina. (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).

 

gold stocks

Gold Stocks Surge Beyond Expectations

Bull Market Abounds as Gold Stocks Surge

Despite the advent of cryptocurrency and blockchain technology, gold’s maintained its value. Indeed, the chemical element is still in high demand. Consequently, gold stocks have surged.

READ: Gold in Computers of Utmost Importance

In fact, gold for delivery is at its highest since 2013. Many thought that digital currencies would slowly reduce gold’s value. Conversely, crypto’s value has stalled, with few practical applications emerging for the revolutionary technology.

Meanwhile, across the board, gold is trading at its highest volume for some time.

Production Exceeds Forecasts

gold stocksSince April, both the value of gold and gold fields jumped by nearly 50%. Moreover, Newmont Goldcorp (who recently acquired Goldcorp) is producing more than competitor Barrick’s 2019 forecast.

In fact, it’s produced nearly 3m more ounces than expected. Additionally, producers including AngloGold Ashanti and Kinross Gold enjoyed substantial surges in value.

Barrick Gold – the world’s top gold miner – is trading at its highest volume since November 2017. Furthermore, it’s trading at 3 times more than it usually does at this point in the calendar year.

Ultra Lithium Diversifies into Gold

gold stocksConsequently, things are looking up for gold stocks. Nevertheless, there is endless volatility in the market.

Regardless, you’re probably wondering: why is Ultra Lithium concerned with the value of gold?

We’ve recently diversified our mining exploration catalog. We’ve acquired several gold mining licenses in Argentina and are experiencing favourable results.

Be sure to stay up to date as this story unfolds.

 

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Volkswagen Goes Green to Stay in the Green

Ultra Lithium Inc. A team of clean energy experts with a finger on the pulse of clean energy news, ULI is a lithium exploration company with lithium holdings in Argentina, Canada and the US and gold holdings in Argentina. (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).

BNEF Believes

BNEF Believes Gas Car Sales Have Peaked

BNEF Believes that Conventional Vehicle Sales have Peaked

Bloomberg isn’t known for being a baron of good news. However, its 2019 Electric Vehicle Outlook contains cause for hope. In fact, BNEF believes that gas-powered vehicles are going the way of the dinosaur.

READ: Global Transportation Sector: 30% Electric by ’30

Excuse the irony, but this news is cause for celebration among clean energy advocates. After all, the Intergovernmental Panel on Climate Change’s most recent report wasn’t so positive.

Granted, there’s a long way to go. Nevertheless, baby steps forward are preferable to leaps backward.

10 Million by 2025

bnef believesThe optimism is in the numbers. 2018 saw over 2 million Tesla sales. Indeed, this number is encouraging but represents just a fraction of global auto sales.

However, that 2 million is expected to reach 10 million by 2040. This growth takes into account many factors.

Firstly, it expects investments in charging infrastructure to rise. Similarly, it recognizes that users will start to favour slow charging methods. Ultimately, it claims we’ll start charging our cars the way we charge our phones.

 

Fortune Favours the Clean

BNEF BelievesSecondly, it accounts for the billions spent on Li-Ion battery R&D. Indeed, both governments and automakers are serious about creating denser, more efficient batteries.

Additionally, the report recognizes that driver education will increase purchases. After all, consumers are more likely to buy something their friend vouches for. Evidently, more EV purchases mean more EV drivers.

These factors encourage the world’s largest automakers to invest in electric vehicle fleets. While some target high earners, brands like GM target the middle class.

As a result, BNEF believes the global transportation industry is quickly going green. Do you?

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Ultra Lithium Inc. A team of clean energy experts with a finger on the pulse of clean energy news, ULI is a lithium exploration company with lithium holdings in Argentina, Canada and the US and gold holdings in Argentina. (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).

Toyota partners

Toyota Partners with Electric Car Giant BYD

Toyota Partners with Chinese EV Giant to Build Cars and Li-Ion Batteries

More than ever, automakers are concerned with batteries. Specifically, the kind that power electric vehicles. As Toyota partners with Chinese auto-titan BYD, the hunt for more efficient Li-Ion batteries continues to dominate global transportation.

READ: BYD Profit Swells as Chinese EV Industry Surges

Indeed, lithium-ion batteries underpin the world’s clean energy initiatives. Surprisingly, electric vehicles don’t comprise the bulk of demand. Instead, consumer electronics hold that distinction.

However, this is expected to change. Toyota’s decision to build electric vehicles and batteries will make sure of it.

A Strategic Partnership to Battle Climate Change (And Swell Profits)

Toyota partnersThe joint-venture isn’t that shocking. After all, the luxury vehicle market is one of the world’s most lucrative.

Moreover, BYD is the foremost electric vehicle company in China. Why is this significant? Because China is the world’s foremost electric vehicle market. Indeed, China has created 20 versions of America’s Motor City. All of them are designed to produce plug-in vehicles.

And nobody is better than BYD at doing just that. The Warren Buffet-backed company has ranked number one for battery-electric and plug-in hybrid vehicles since 2015.

Automakers Focus on Li-Ion Battery Tech

Toyota partnersMeanwhile, Toyota has struggled to compete with the likes of Tesla in the electric vehicle ring. Granted, the same can be said for every other automaker.

Nevertheless, one of the keys to success goes through battery manufacturing. Currently, top of the line Li-Ion batteries allow certain models to travel 300 miles on a single charge.

If Toyota creates a battery that rids drivers of range anxiety, the financial rewards are endless.

We’ll see if the partnership allows Toyota to build its eco-friendly dream.

 

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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).

UK Government

UK Government to Ban Fossil Fuels by 2050

Zero-Emission Economy by 2050: UK Government

Certain countries prioritize clean energy more than others. Indeed, the UK government isn’t an eco-darling. However, it’s plan to eliminate fossil fuels by 2050 is promising.

READ: Dyson Electric Car Patent Revealed

Granted, the plan might not survive the next PM’s term. Right-wing populism doesn’t embrace the idea of phasing-out key energy sectors, like nuclear, coal and gas.

Nevertheless, the UK government will play a major role in disrupting the nation’s long-established energy conglomerate.

UK governmentA Step in the Right Direction

To do so, the UK leans on the European Union’s ’20-20-20′ rule. The plan’s first step: reduce greenhouse gases by at least 20% below 1990 levels by 2020.

Secondly, 20% of electricity consumption must come from renewables. Lastly, energy use must be reduced by – you guessed it – 20%.

Although it’s unlikely the UK will achieve these goals, the initiative has made an impact. Ultimately, the nation transformed its electricity supply in just a decade.

European Governments Adopt Eco-Friendly Policies

UK GovernmentThis achievement is monumental. However, some believe the 2050 zero-emission goal is too lax. Sir James Dyson is among key figures lobbying to make the date earlier.

Moreover, he’s among a growing number of advocates pushing the government to phaseout combustible-engines.

Ultimately, the UK government has not been labeled a zero-emission leader. Instead, Scandinavian nations (particularly Norway) enjoy that mantle.

Currently, most of the vehicles sold in Norway are electric.

The UK has some catching up to do.

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Ultra Lithium Inc. A team of clean energy experts with a finger on the pulse of clean energy news, ULI is a lithium exploration company with lithium holdings in Argentina, Canada and the US and gold holdings in Argentina. (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).