Volvo secures battery chain with Circulor blockchain investment

Volvo_XC40_Recharge_P8_Battery_Package

Volvo Cars is investing an undisclosed sum in blockchain technology provider Circulor to provide visibility into its battery supply chain

Volvo Cars is investing an undisclosed sum in blockchain technology provider Circulor to provide visibility into its battery supply chain.

Over the past few years the Swedish carmaker has been working with Circulor and its battery suppliers CATL and LG Chem on the implementation of the distributed digital ledger technology to accurately trace the origins of the cobalt it sources for use in its electric vehicle batteries.

THIS ARTICLE IS AVAILABLE TO REGISTERED USERS ONLY.

To continue reading this article and others like it, please SIGN-IN or REGISTER FREE today.

Create your FREE Automotive Logistics Account

AL Comp Tablet and print phone image 400px

By creating your account you will be able to stay up-to-date with the latest industry developments, trends and analysis, read in-depth reports and intelligence, and connect with your peers.

Creating an account gives you:

  • Detailed analysis and the latest news from leading global vehicle makers, tier suppliers and logistics providers
  • A weekly update on developments from your chosen sector  
  • A website homepage that is customised to the stories you want
  • Regular updates on our new suite of digital products
  • Early access to reports from our global portfolio of events

Gain access to our exclusive content and features register free today

Non-registered users are able to access one AL exclusive articles per week. You have now used your allocation.
To continue reading this article and others like it, please SIGN-IN or REGISTER FREE today