AP Exxon Mobil is in talks with car manufacturers to become a lithium supplier, sources told Bloomberg. That includes Tesla, Volkswagen, and Ford. Battery manufacturers such as Samsung are also involved. The oil giant is putting effort into joining the EV race, already drilling for lithium in Arkansas. Exxon Mobil is in early-stage talks to provide lithium to car manufacturers that include Tesla, Ford, and Volkswagen, sources told Bloomberg on Monday.

BING NEWS:
  • Arkansas has enough lithium for the world’s EVs — but getting to it is the problem
    Arkansas is sitting atop lithium reserves that could be vast enough to satisfy the entire world’s demand for EV batteries, according to the US Geological Survey (USGS).
    10/22/2024 - 9:01 am | View Link
  • Arkansas May Be Sitting On 19M Tons Of Lithium Amid Rising Demand For EV Batteries: How To Invest In What Elon Musk Calls 'The New Oil'
    In a recent study, researchers have suggested that Arkansas could potentially hold a significant amount of lithium, a crucial component for electric car batteries and other high-tech products. What ...
    10/21/2024 - 5:42 pm | View Link
  • After Nevada lithium deal, GM eyes other sources for EV minerals supply
    General Motors is eyeing further North American investments in lithium and other critical minerals used to build electric vehicles after boosting its investment in a Nevada mine to nearly $1 billion ...
    10/17/2024 - 7:06 am | View Link
  • This tiny country says it will give $500 to every adult as an Exxon oil boom supercharges its economy
    The world's fastest-growing economy is giving the equivalent of $500 to each of its adult citizens as it works to share its newfound oil wealth and soften the sting of higher living costs.
    10/16/2024 - 11:25 pm | View Link
  • For the EV supply chain, it's back to basics
    With more than 1,100 exhibitors in the EV supply chain, the high-energy event showcased companies from all levels of the supply chain — from battery contaminant collectors to solid-state battery ...
    10/16/2024 - 3:22 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News