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By Robert Rapier on Jun 22, 2009 with no responses

ExxonMobil in the Electric Car Business?

An interesting link from a reader this morning:

The Maya 300: An Exxon-Assisted Electric Car

If you’ve picked up a magazine in the last year, you’ve likely seen ads touting ExxonMobil’s (XOM) research into lithium-ion batteries.

This week, you will get a further look into how that technology will come to the marketplace.

Electrovaya on Wednesday will discuss its plans for the Maya 300, an all-electric vehicle coming in 2011. The car will run on lithium-ion batteries, charge in about eight to 10 hours, run for 60 miles and plug into regular 110-volt outlets. It will cost around $20,000 to $25,000. An extended-range battery option will run for 120 miles on a charge and cost $30,000 to $35,000.

Turns out that ExxonMobil makes one of the components of the battery:

Exxon Entering Electric Vehicle Market With Maya 300

Electric vehicles have definitely hit the big time now that gasoline-slinging companies are getting involved. The Maya 300, an all-electric vehicle coming out in 2011, will feature a lithium ion battery separator film dubbed “the SuperPolymer” from Exxon-Mobil. The separator–a critical part of li-ion batteries–can withstand temperatures up to 374 degrees. That’s 85 degrees more than competing separator films can take.

Interesting development. If you asked me which oil company would be involved in battery technologies for electric cars, I wouldn’t have guessed Exxon.