- The world's first EV battery passport will be launched by Volvo Cars, recording the origin of raw materials, components, recycled content and carbon footprint for its flagship EX90 SUV.
- Volvo, owned by China's Geely (GEELY.UL), developed the passport in partnership with UK startup Circular.
- Circular uses blockchain technology to map supply chains for companies and took more than five years to develop.
- Battery passports will become mandatory for electric vehicles (EVs) sold in the European Union from February 2027, showing information including the composition of the battery, the origin of key materials, their carbon footprint and recycled content.
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