Business ExxonMobil is eyeing the lithium market as electric vehicles gain popularity By Deanna B. Narveson - July 31, 2023 (iStock) FacebookTwitterLinkedinEmailPrint ExxonMobil CEO Darren Woods told analysts on Friday that the oil giant is looking to get into the lithium market as the rise in popularity of electric vehicles boosts demand for the battery component. Already an INSIDER? Sign in.