EV battery maker SK On to buy 100k metric tons of Arkansas lithium from ExxonMobil
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EV battery maker SK On has signed a non-binding agreement to buy lithium from ExxonMobil’s first planned extraction project in Arkansas.
Expand Expanding CloseEV battery maker SK On has signed a non-binding agreement to buy lithium from ExxonMobil’s first planned extraction project in Arkansas.
Expand Expanding CloseFord Motor Company will reportedly partner with LG Energy Solution to erect a new battery plant in Turkey capable of an annual capacity up to 45 gigawatt-hours (GWh). In order to work with LG, Ford will have to back out of a previous deal with SK On, the battery division of SK Innovation and a current partner on several other projects.
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