APAC Issue 2 2018 Ultra Tune

30 APAC / Issue 2 2018 , Electric Vehicles and Energy Storage to Power the LithiumMarket According to data compiled by GrandViewResearch, the lithium-ion batterymarket is expected to reach $93.1 billion by 2025, growing at a CAGR of 17%. Lithium-ion demand is expected to grow substantially due to the rapid growth in electric vehicles (EVs) and portable rechargeable electronic devices. Currently, rechargeable devices control majority of the lithium- ion market, but it is expected that EVs will become the largest contributor to the lithium market in the coming years. Energy storage system is expected to witness the fastest growth over the forecast period at a CAGR of 21% from 2017 to 2025 owing to the developments in wind and solar PV in countries including Germany, China and U.S. MGX Minerals Inc., Ford Motor Company, Sociedad Química y Minera de Chile S.A., Orocobre Ltd., Lithium Americas Corp. The popularity for lithium-ion batteries is due to its high energy density and high safety level ratings. The batteries are popular in applications that require light but high energy density solutions. According to Bloomberg New Energy Finance, “Demand for the metal won’t slacken anytime soon-on the contrary, electric car production is expected to increase more than thirtyfold by 2030.” MGX Minerals Inc. also listed on the Canadian Securities Exchange under the Ticker ‘XMG’. Just earlier today the company announced breaking news that, “that 100% wholly- owned subsidiary ZincNyx Energy Solutions, Inc. (“ZincNyx”) has received notice of publication of its patent describing metal- air fuel cells under the Patent Cooperation Treaty. The patent application has entered the National Phase and numerous international jurisdictions are designated for filing. ZincNyx currently owns 20 United States patents covering metal air batteries and fuel cells. Key technical features of the referenced patent application include: • An apparatus for encouraging the settling of metal-air particles in the electrolyte (anode) chamber of a fuel cell. • A serpentine arrangement for flowing electrolyte through the anode chamber of the fuel cell. • A stack of bipolar cells oriented in a horizontal or vertical arrangement. • A method for charging a fuel cell with a bed of metal particles ZincNyx technology has been developed around the utilization of zinc as the anode fuel, which offer numerous advantages over other forms of metals due to its unique attributes which include high energy density, abundant availability, low cost, and ease of storage and handling. The regenerative system does not require fuel replacement and offers scalable energy capacity through simple introduction of additional fuel tanks. Additionally, because the energy and power capabilities of the system have been completely decoupled, investigation into its viability within much broader sectors beyond mass storage are currently underway, including introduction into both mobile and maritime environments as an alternative to diesel engines. Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions. On January 16, 2018, the company detailed plans to improve operational fitness, refocus capital allocation and accelerate the introduction of smart vehicles and services. Presenting at the Deutsche Bank Global Auto Industry Conference in Detroit, the company provided preliminary results for full-year 2017, issued guidance for 2018 and outlined plans to accelerate investment in electric vehicles and sport utility vehicles. Ford