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

Exxon Mobil Corp. has developed a new form of graphite that can improve the performance of electric vehicle (EV) batteries. According to the company's CEO, this new graphite can increase battery life by up to 30% and extend the range of EVs. The company claims that this breakthrough is the result of years of research and development. The new graphite is said to be more efficient and longer-lasting than the materials currently used in EV batteries. Exxon Mobil plans to license the technology to battery manufacturers, which could potentially lead to significant improvements in EV battery performance and range. This development could be a significant step forward in the adoption of electric vehicles, as it addresses one of the main concerns – limited driving range. The article does not provide technical details about the new graphite or the specifics of how it improves battery performance. However, it highlights Exxon Mobil's efforts to contribute to the advancement of EV technology, which could have broader implications for the automotive industry and the transition to more sustainable transportation.