We have said that batteries and their raw materials would be the new oil several times. There are several problems related to that, such as scarcity and how sustainable extracting and dealing with these materials is. Still, the Global Battery Alliance (GBA) has tackled at least one aspect of these issues with the Battery Passport. The idea had its proof of concept revealed at the World Economic Forum in Davos.
The alliance combines companies like CATL and LG Energy Solution, Tesla and the Volkswagen Group, apart from BASF and several other enterprises based on lithium-ion cells and products that need them. Considering child labor and other human rights violations may also be involved, UNICEF is also on the boat.
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