Exxonmobil drilling first lithium well in arkansas, aims to be a leading supplier for electric vehicles by 2030

Spring, texas--(business wire)--exxon mobil corporation (nyse: xom) today announced plans to become a leading producer of lithium, a key component of electric vehicle (ev) batteries. work has begun for the company's first phase of north america lithium production in southwest arkansas, an area known to hold significant lithium deposits. the product offer will be branded as mobil lithium, building on the rich history of deep technical partnership between mobil and the automotive industry. “lithi.
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