(p. A10) Big oil companies and giant auto makers are teaming up to preserve the internal combustion engine, as tough regulation and electric vehicles put the car industry’s century-old technology at risk. Their secret weapon: high-tech engine oil.
Exxon Mobil Corp., BP PLC, Royal Dutch Shell PLC and other oil companies are spending millions of dollars a year in concert with auto makers such as Ford Motor Co. and Fiat Chrysler Automobiles NV to create the next generation of super-slick engine lubricants. They are betting that the new, thinner oils will help them squeeze even more efficiency out of traditional car engines, allowing them to comply with stricter environmental rules and remain relevant as new technologies such as zero-emission electric vehicles gain traction.
For the full story, see:
Sarah Kent and Chester Dawson. “Combustion Engines Catch New Spark.” The Wall Street Journal (Mon., NOV. 20, 2017): A10.
(Note: the online version of the story has the date NOV. 18, 2017, and has the title “Big Oil and Auto Makers Throw a Lifeline to the Combustion Engine.”)