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Volvo Cars to Implement Blockchain Traceability in Electric Car Batteries

Volvo Cars will become the first carmaker to implement global traceability of cobalt used in its batteries by applying blockchain technology. The announcement follows the reveal 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 […]
Source: thewheelz

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