Category: supply chain

Volvo will use blockchain to prove its cobalt wasn’t mined by children

[ad_1] Volvo Cars will work with its two global battery suppliers, CATL of China and LG Chem of South Korea, and blockchain technology firms to trace its cobalt production. The data in the blockchain will include the cobalt’s origin, attributes like weight and size, as well as the chain of custody. “We have always been […]

Researchers suggest 100 percent renewable energy isn’t very green

[ad_1] The situation is especially urgent for the EV and battery industries, according to the researchers from the Institute for Sustainable Futures. Those industries are the main drivers of demand for cobalt, with each EV requiring between five to 10 kilograms of the metal for its lithium-ion batteries. As much as 60 percent of cobalt […]