Oil major Exxon Mobil is in talks with Tesla , Ford Motor , Volkswagen and other automakers to supply lithium, Bloomberg Law reported on Monday citing people familiar with the matter.
and other automakers to supply lithium, Bloomberg Law reported on Monday citing people familiar with the matter.Tesla, Ford, Volkswagen and Exxon did not immediately respond to Reuters' requests for comment.
Exxon Mobil had agreed last month to develop more than 6,100 lithium-rich acres in Arkansas with Tetra Technologies Inc , the second move this year by the oil giant for control of assets needed to produce the electric-vehicle battery metal. Its rapid expansion into the lithium sector comes amid growing interest from traditional energy companies and others into emerging technologies that aim to boost global supply of the ultralight metal.
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