Mexican Media Brands
VW Joins Blockchain Group for Sustainable EV Materials
Volkswagen AG has joined a consortium that will use blockchain technology to trace and validate “ethically sourced” minerals, including those used in lithium-ion batteries for electrified vehicles.
#hybrid
Share
Volkswagen AG has joined a consortium that will use blockchain technology to trace and validate “ethically sourced” minerals, including those used in lithium-ion batteries for electrified vehicles.
The group, which includes Ford, IBM and LG Chem, was formed earlier this year. Using IBM’s open-industry blockchain platform, the partners aim to improve the efficiency and transparency in global mineral supply chains to support human rights and environmental protection.
The group includes participants at each major stage of the supply chain from mine to end-user. Approved material suppliers are validated by RCS Global Group for compliance with responsible sourcing standards.
An initial pilot program will focus on cobalt. EV batteries use an average of 20 lbs of the pricey material. Following the pilot program, the consortium plans to add other battery materials and so-called “conflict minerals” to the initiative, including tantalum, tin, tungsten and gold, plus rare earths.
RELATED CONTENT
-
The Koenigsegg Jesko Has An Amazing Engine
It is hard to believe that this is a vehicle in “serial” production with such extraordinary powertrain performance
-
Robotic Exoskeleton Amplifies Human Strength
The Sarcos Guardian XO Max full-body, all-electric exoskeleton features strength amplification of up to 20 to 1, making 200 pounds—the suit’s upper limit—feel like 10 pounds for the user.
-
Increasing Use of Structural Adhesives in Automotive
Can you glue a car together? Frank Billotto of DuPont Transportation & Industrial discusses the major role structural adhesives can play in vehicle assembly.
