WionDrive News Desk 
Exxon Mobil is reportedly engaged in preliminary discussions with leading automakers, including Tesla, Ford, and Volkswagen, for potential lithium supply partnerships, as demand for electric vehicle (EV) batteries surges. According to sources cited by Bloomberg Law, the dialogue also encompasses companies like Samsung and SK ON Co.
However, both the auto manufacturers and Exxon have refrained from commenting on the matter. The talks are in their early stages, as Exxon currently lacks the means to produce lithium.
In a notable move last month, Exxon agreed to collaborate with Tetra Technologies to explore an Arkansas region rich in lithium-laden brine. This expansion aligns with the energy giant’s strategy to venture into the lithium sector. Earlier this year, Exxon also acquired more than 100,000 acres in Arkansas from Galvanic Energy.
This step by Exxon reflects a larger trend of traditional energy companies diversifying into innovative technologies, like lithium extraction, to cater to the growing demand for lightweight metals, particularly in the context of the booming EV industry. As Exxon Mobil explores potential partnerships, the market anticipates a potential shift in the lithium supply landscape.
