ExxonMobil and EV battery maker SK On sign MOU regarding U.S. produced Mobil™ Lithium
- Last Updated on July 26, 2024
- Renewables
ExxonMobil has signed a non-binding memorandum of understanding (MOU) with SK On, a global leading electric vehicle (EV) battery developer, that opens the door to secure a multiyear offtake agreement of up to 100,000 metric tons of MobilTM Lithium from the company’s first planned project in Arkansas. SK On plans to use the lithium in its EV
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