ULTRA LITHIUM INC. — TSX.V-ULT
Ultra Lithium Inc. ULT
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Blog - Latest News

Toyota Battery to Give Automaker Electric Edge

June 25, 2019/in In the News/by Gray Leigh

Patented Toyota Battery Could Give it Wheel-Up on Competition

Most of the world’s automakers have announced electric vehicle plans. However, they all approach the clean energy space in different ways. Ultimately, industry insiders believe Toyota has an edge. Why? Because it’s focused on solving EV ownership’s practical issues. A patented Toyota battery could give it a wheel-up on the competition.

READ: Toyota and Panasonic to Make Lithium Batteries

After all, most electric vehicles take 40 minutes to supercharge. What’s more, this wait greatly increases with a home slow-charger.

As a result, inconvenience drives away many consumers. Pile on the expense and waitlist for parts, and owning an electric vehicle is a major commitment.

Toyota Battery

Toyota Targets Middle-Class Families

Evidently, making things easier on the consumer is a priority. Moreover, this extends to the middle-class. Today, the middle-class doesn’t have much to choose from.

Consequently, Toyota has decided to roll out a line of ‘affordable’ electric cars. These models will be designed to ease the transition for families from gas to electric transportation.

A patented Toyota battery is being designed for this purpose. The Japanese automaker has teamed with Panasonic to do so.

EV Market in 2020s to Offer Something for Everyone

Toyota BatteryMeanwhile, Toyota’s target of 23 electric models by 2023 approaches. Granted, 4 years seems like plenty of time.

Nevertheless, there will be a cluttered EV market throughout the 2020s. Although Toyota will face stiff competition, it’s long-term plan appears well thought-out.

Developing a patented Toyota battery could give it the competitive edge it needs to become the premier EV brand for families.

After all, camping with a luxury vehicle isn’t easy. The race to bring the first affordable, electric SUV to market is on.

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Toyota Electric Car Line Due Earlier than Expected

Dyson Electric Car Patent Revealed

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).

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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

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LITHIUM

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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

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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

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