ExxonMobil Drilling First Lithium Well in Arkansas, Aims to be a Leading Supplier for Electric Vehicles by 2030

From ExxonMobil: https://corporate.exxonmobil.com/news/news-releases/2023/1113_exxonmobil-drilling-first-lithium-well-in-arkansas SPRING, Texas – 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 productContinue reading “ExxonMobil Drilling First Lithium Well in Arkansas, Aims to be a Leading Supplier for Electric Vehicles by 2030”

Honda Conducting Research with American Electric Power to Develop 2nd Life for Used EV Batteries

Automaker and utility will study the integration of renewable energy, energy storage, and electric vehicles Project seeks to provide 2nd life for used EV batteries, critical to future expansion of EVs As part of its ongoing effort to reduce CO2emissions from its vehicles and operations, Honda is conducting research with Ohio-based electric utility American Electric Power toContinue reading “Honda Conducting Research with American Electric Power to Develop 2nd Life for Used EV Batteries”