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Ultra Lithium signs LOI with Beijing Explo-Tech for alliance to explore Serbian licenses

Green Car Congress

BETEC will invest C$750,000 through the purchase of units of securities of Ultra at $0.10 Each unit will consist of one (1) common share of Ultra and one-half of one (1/2) common share purchase warrant, with each whole warrant entitling BETEC to acquire one (1) additional common share of Ultra at $0.15 Ultra Lithium Inc.

Serbia 218
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Audi partner TTTech acquires 35% of RT-RK; automotive electronics

Green Car Congress

RT-RK is a long standing engineering partner of TTTech, especially in the field of automotive electronics and industrial applications. The purchase price has not been disclosed. These systems are deployed in particular for automotive, aerospace, mobile machinery and industrial applications.

Audi 150
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ZF opens first zero-emission factory in Klasterec, Czech Republic – ET Auto

Baua Electric

Any electricity that isn’t generated internally is purchased from renewable sources – mainly wind and hydroelectric power. Today, the newly remodelled plant has nearly 700 employees and produces power electronic components for electric motors produced by ZF plants in Germany and Serbia.