ExxonMobil Unveils Graphite Invention To Extend EV Battery Life By 30%

ExxonMobil Unveils Graphite Invention To Extend EV Battery Life By 30%

Exxon Mobil Corp. (NYSE:XOM) has invented a type of graphite that can extend the life of electric-vehicle batteries by as much as 30%, pushing the oil major further into advanced battery materials as automakers look for longer-lasting cells and supply chains less reliant on China.  “We’ve invented a new carbon molecule that will extend the life of the battery by 30%,” Chief Executive Officer Darren Woods, adding that it’s a “revolutionary step c…

Exxon CEO Says New Form of Graphite Boosts EV Battery Life, Extends Range

(Bloomberg) — Exxon Mobil Corp. said it has invented a new form of graphite that can increase the life of electric-vehicle batteries by as much as 30%. “We’ve invented a new carbon molecule that will extend the life of the battery by 30%,” Chief Executive Officer Darren Woods said at the University of Texas at Austin’s Energy Symposium in September. It’s a “revolutionary step change in battery performance.” The invention is being tested by sever…