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The future of lithium production in the U.S. is gaining momentum in Arkansas, as companies like ExxonMobil, Albemarle, and Standard Lithium make significant investments in the state.

This comes at a time when global demand for lithium, driven by electric vehicles and energy-storage needs, continues to grow. In 2023, global lithium consumption reached 180,000 metric tons, up from 142,000 metric tons in 2022, according to the United States Geological Survey. But the U.S. produces less than 1% of the world’s supply.

While most of the world’s lithium still comes from countries like Australia, Chile and China, Arkansas could change that. 

The state is home to the Smackover Formation, a geological formation rich in lithium brine.

“Lithium resource quality is really what makes this a great region,” said Wesley Hamilton, CTO and vice president of research and technology at Albemarle, the world’s top lithium producer. “It comes down to two things: the concentration of lithium and the ability to extract it efficiently from the brine.”

Arkansas has long been a producer of bromine, which is extracted from the same brines now being tapped for lithium. The formation holds over 4 million metric tons of lithium, which is enough to power millions of EVs and devices, according to Galvanic Energy. That has attracted a rush of interest from companies looking to capitalize on the formation’s potential.

Exxon Mobil, for example, acquired 120,000 acres in the Smackover Formation in 2023 and aims to start producing battery-grade lithium by 2027. The company said it will produce enough lithium to supply the manufacturing more than 1 million EVs per year by 2030. Standard Lithium, which has operated in Arkansas since 2020, is also expanding its Direct Lithium Extraction (DLE) facility in El Dorado, thanks to a $100 million investment from Koch Strategic Platforms. DLE is touted as a more eco-friendly extraction method, using advanced filters to reduce energy and water usage.

However, the road ahead isn’t without challenges.

DLE technology, while promising, has yet to be proven on a large scale, and lithium prices have dropped sharply from over $80,000 per metric ton in 2022 to around $10,600 today. That’s due to oversupply, slower-than-expected EV growth and new battery technologies, according to Benchmark.

“Lithium prices are falling precipitously, and many standalone lithium companies are not generating the revenues they need,” said Shon Hiatt, director of the Business of Energy Transition Initiative at the University of Southern California. “That volatility is a big challenge for companies trying to scale up.”

Additionally, China controls 80% of global battery cell production, according to the Atlantic Council, raising concerns about U.S. supply chain risks.

Still, companies like Albemarle and Standard Lithium told CNBC they remain optimistic about Arkansas’ potential to become a key player in the global lithium market.

“The United States has to step up,” said Robert Mintak, CEO of Standard Lithium. “We’ve targeted the Smackover formation in Arkansas because we believe it’s the best resource to develop.”

Watch the video to learn more about how Arkansas is positioning itself at the forefront of U.S. lithium production and what it means for the future of the energy market.

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MG begins deliveries of the world’s first mass-produced EV with a semi-solid-state battery

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MG begins deliveries of the world's first mass-produced EV with a semi-solid-state battery

SAIC MG delivered the first MG4 model with a semi-solid-state EV battery in China, starting at under $15,000.

The MG4 is the first EV with a semi-solid-state battery

In August, SAIC MG launched the all-new MG4 at the Chengdu Auto Show, deeming it “the world’s first mass-produced semi-solid-state” electric vehicle.

The new MG4 is available in five different trims: Comfort, Ease, Freedom, Smart, and the semi-solid-state “Secure” edition.

SAIC MG announced on Thursday that it had delivered the first MG4 equipped with the new battery tech. The new MG4 is on sale starting at 68,800 RMB ($9,800), with prices rising to 102,800 yuan ($14,500) for the semi-solid-state battery model.

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It’s available with two lithium iron phosphate (LFP) battery sizes: 42.8 kWh or 53.95 kWh. The three lowest-priced trims are equipped with the smaller (42.8 kWh) battery, providing 437 km (271 miles) CLTC driving range, while the Smart version uses the 53.95 kWh battery, delivering 530 km (330 miles) of range.

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The new MG4 with a semi-solid-state EV battery (Source: SAIC MG)

Meanwhile, the semi-solid-state variant is powered by a 53.95 kWh semi-solid manganese-based lithium-ion battery, delivering 530 km (330 miles) of CLTC range.

All new MG4 models are powered by a single front-mounted “six-in-one” electric motor with 120 kW (161 hp) and 250 Nm torque. Using DC fast charging, it can recharge from 30% to 80% in 20 minutes.

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The new MG4 (Source: SAIC MG)

The electric hatch is 4,395 mm long, 1,842 mm wide, and 1,551 mm tall, with a wheelbase of 2,750 mm. That’s about the size of the BYD Dolphin.

Like most Chinese EVs nowadays, the new MG4 is loaded with modern tech and features. The smart cockpit is powered by a Qualcomm Snapdragon 8155 in-car chip.

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The interior of the new MG4 with a semi-solid-state battery (Source: SAIC MG)

While the three lower-priced trims feature a 12.8″ central infotainment screen, upgrading to the Smart and semi-solid-state models adds a bigger 15.6″ display with 2.5K resolution.

The company said that by reducing the liquid electrolyte content to just 5%, the semi-solid-state EV battery significantly reduces the risk of combustion and improves the cycle life.

In two recent needle penetration tests, the new battery produced no smoke, no fires, and no explosions after two hours. SAIC MG said it was an industry first, exceeding industry standards by 20%.

SAIC MG delivered over 13,000 new MG4 models in November. It’s also the best-selling independent Chinese car brand overseas, A “beacon of Chinese automotive success,” in the EU and British markets, the company said.

Source: CarNewsChina, SAIC MG

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GM considers former Tesla Autopilot head Sterling Anderson as next CEO, report says

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GM considers former Tesla Autopilot head Sterling Anderson as next CEO, report says

GM CEO Mary Barra is reportedly considering Sterling Anderson, the former head of Tesla Autopilot and co-founder of Aurora, as her potential successor. But first, she is putting him through a “tough test” in his new role as Chief Product Officer.

We reported back in May that GM hired Anderson as its new Chief Product Officer in a surprising move that put a tech executive in charge of the legacy automaker’s entire vehicle development program.

Anderson is well-known in the EV community. He led the Model X program at Tesla and was the director of the Autopilot program during its formative years (2015-2016). He later left to co-found Aurora Innovation, a self-driving startup that has focused heavily on autonomous trucking.

Now, a new report from Bloomberg states that Barra sees Anderson as a frontrunner to replace her when she eventually steps down.

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According to the report, Barra is “gauging” Anderson for the top job by giving him a massive portfolio that serves as a trial by fire. Since joining in June, Anderson has been tasked with overseeing the end-to-end lifecycle of GM’s products, both gas and electric, including the critical integration of hardware and software.

The “test” essentially boils down to whether Anderson can successfully execute Barra’s vision of transforming GM into a tech-first company. This involves untangling the automaker’s software woes and delivering on the promise of “eyes-off” autonomous driving for personal vehicles, a pivot away from the robotaxi-focused strategy of its former Cruise unit.

While Barra, 63, hasn’t announced a retirement date, the pressure is on to find a leader who can navigate the rapid transition to electric and software-defined vehicles. If Anderson passes this “test,” he could become the first outsider with a tech background to lead the 117-year-old automaker.

Electrek’s Take

“Tech background” is not entirely true, but mostly accurate. He has spent a few years at Tesla and then built Aurora; both are in the auto industry, but certainly on the techy side of it. Before that, he spent years at MIT, and the ‘T’ stands for technology.

I’ve only had a few interactions with Sterling, but from what I could tell, he is a smart guy who was among the most realistic about autonomy at Tesla, which is probably why he didn’t last long at the head of the program and went on his own.

He helped build Aurora into a multi-billion-dollar company that is now seen as the leader in autonomous trucking.

GM is starting to build an extensive and impressive EV lineup, but it still has issues committing to high volume due to the political landscape, which, in my opinion, the company itself often lobbied the wrong way.

I think some fresh blood could help.

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House passes bill to ease permits for building out AI infrastructure

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House passes bill to ease permits for building out AI infrastructure

House passes bill that would help advance AI data center buildout

The House of Representatives on Thursday passed a bill aimed at making it easier to get federal permits to build infrastructure for artificial intelligence projects.

The bill, known as the SPEED Act, is backed Big Tech giants such as OpenAI, Micron and Microsoft

The bill cleared the House in a 221-196 vote, overcoming a conservative rebellion that nearly sank the legislation in a procedural vote earlier this week.

The bill now heads to the Senate, where it is likely to be part of a larger conversation around permitting reform. 

The SPEED Act’s proponents argue it is critical to help the U.S. outpace China and other global competitors in the race for AI dominance. 

“The electricity we will need to power AI computing for civilian and military use is a national imperative,” said Rep. Bruce Westerman, R-Ark., the bill’s sponsor and chair of the House Natural Resources Committee. 

The SPEED Act would reform the 1969 National Environmental Policy Act, which mandates federal reviews for projects that would impact the environment.

It would tighten the timelines for NEPA reviews and shrink the statute of limitations for NEPA litigation to 150 days from the current six years. 

Permitting reform has drawn bipartisan support recently as clean energy projects supported by Democrats became ensnared in permitting delays.

Pressure has built on Congress to act as AI has emerged as a key sector and power-hungry data centers have placed an increased strain on the electric grid. 

Read more CNBC politics coverage

The Democratic cosponsor of the bill, Rep. Jared Golden of Maine, said the SPEED Act would allow the U.S. to be “nimble enough to build what we need, when we need it.”

Most Democrats opposed the SPEED Act, however, demanding that any permitting bill overturn President Donald Trump‘s moves to choke renewable energy sources like offshore wind

Democratic resistance was only compounded after GOP leadership inserted language to exempt Trump’s efforts to block renewables from provisions in the SPEED Act that would limit the White House’s ability to arbitrarily yank permits it does not like.

The amendment was added after a standoff on the House floor during a procedural vote, where conservatives opposed to renewable energy demanded concessions for their votes.

“That provision codifies a broken permitting status quo,” said Rep. Scott Peters, D-Calif., who supports permitting reform but opposed the SPEED Act.

“I look forward to working with my colleagues across the aisle in the Senate to craft a bipartisan product that can become law.”

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