Exxon's Electric Gamble: Big Oil Bets on EVs
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Fridays
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ExxonMobil, oil giant turned EV battery innovator? Discover how Exxon's groundbreaking graphite molecule could revolutionize EV range, its strategic acquisition of Superior Graphite, and lithium mining ventures. But is this a smart bet? We dissect shaky EV demand, the impact of disappearing government subsidies, and a slowdown in China, questioning if Exxon's EV push will survive when the easy money dries up. Hosted on Acast. See acast.com/privacy for more information.
