Exxon in talks with Tesla, Ford and Volkswagen on supplying lithium

Exxon Mobil is in talks with Tesla, Ford, Volkswagen and other automakers about supplying them with lithium as the oil giant works to build a business around the crucial battery metal, sources say.

Exxon is one of several oil and gas companies seeking to expand into lithium production to take advantage of surging demand for use in electric-vehicle batteries, and as a way of diversifying beyond fossil fuels. The talks with potential customers are still early stage, and the company…

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