FRANKFURT, Jan 31 (Reuters) - StoreDot, an Israeli
start-up developing fast-charging batteries, said on Tuesday it
has partnered with UK start-up Circulor, which uses blockchain
technology to map supply chains for companies pursuing greener,
more sustainable production.
StoreDot has begun using Circulor's technology to track the
origin and carbon emissions of the raw materials in its battery
cells.
Other firms using it include Volvo Cars ,
Polestar, BHP and TotalEnergies .
StoreDot, whose investors include the truck division of then
Daimler, now Mercedes-Benz , BP , Polestar and Samsung , aims to make cells capable of
delivering 100 miles (161 km) of range on a 5-minute charge by
2024.
The company has also joined the 'Battery Pass' project, a
German-funded consortium working to develop a common
classification and standards for gathering and disclosing data
on batteries. Circulor is also a partner.
Legislative pressure is rising on electric vehicle makers
and battery producers to track the human rights and
environmental impact of their supply chains.
Rechargeable electric vehicles, light transport and
industrial batteries sold in Europe must disclose their carbon
footprint from 2024, and comply with a CO2 emissions limit from
2027.
They must also disclose the content of recycled raw
materials in batteries from 2027, followed by requirements to
use a minimum share of recycled cobalt, lithium, nickel and lead
from 2030.
(Reporting by Victoria Waldersee; editing by Jason Neely)
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