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ExxonMobil Expanding Electric Vehicle Product Offerings Now and into the Future

As electric vehicle requirements mature, ExxonMobil is committed to delivering solutions to help extend vehicle range and promote safe, efficient vehicle performance. Innovative approaches to engineering are critical to meet the electric vehicle needs of tomorrow, which is why ExxonMobil is expanding the Mobil EV™ offer leveraging the new SpectraSyn™ MaX PAO platform.

In the ever-changing automotive landscape, the vehicle mix will continue to evolve. The ExxonMobil 2021 Outlook for Energy predicts that by 2050, plug-in hybrids, battery electric and fuel cell vehicles will grow to ~40% of the global vehicle fleet and more than 50% of new cars sold. This evolution will be driven by a combination of factors including decreased battery costs as well as ever more stringent regulations for reductions in tailpipe emissions and improvements in fuel economy.

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