Volvo Cars will become the first car maker to implement global traceability of cobalt used in its batteries by applying blockchain technology. The announcement follows the unveiling last month of the company’s first fully electric car, the XC40 Recharge.
Traceability of raw materials used in the production of lithium-ion batteries, such as cobalt, is one of the main sustainability challenges faced by car makers. Volvo says it is committed to ‘full traceability’, ensuring that cus….. Read More On: Cyprus Mail
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