Exxon Mobil helping to develop electric cars

Posted by Anonymous


As odd as it sounds, the world’s largest oil refiner Exxon Mobil is helping to develop new battery technology for a range of new petrol-electric hybrids and all-electric vehicles. Using a component it developed for mobile phone batteries, Exxon Mobil is now working on improving batteries for use in cars and believes that hybrid vehicles will one day command a large share of the market.