ExxonMobil Starts Construction on U.S. Lithium Mine for BEVs

URLhttps://www.wardsauto.com/industry-news/exxonmobil
SourceWards Auto
Date Published11/14/2023
Author NamePaul Myles

Additional Reshoring Information:

Company/Division name Exxon Mobil Corp.
Parent companyExxon Mobil
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2023
City reshored to:"Southwest"
State(s) reshored to:AR
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredLithium for Batteries
What non-domestic negative factors made offshoring less attractive?Green considerations
What domestic positive factors made reshoring more attractive?Raw Materials Cost
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