The European Parliament and Council are closer to enacting the new battery law, which means that battery manufacturers may have to adopt blockchain technology.
Meanwhile, this bill represents a good opportunity for VeChain as battery manufacturers can store their battery’s digital passport on the VET blockchain.
According to a tweet by Vechain technology enthusiast (@eisenreich), the European Union is a step closer to enacting new rules for the design, production, and disposal of batteries. According to the EU, these rules will help foster a sustainable economy.
The New Battery Law In The EU
On December 9th, the European Parliament (EP) and the European Council (EC) reached a provisional agreement on the “New Battery Law.” It is the first law to issue “green” prerequisites for the whole product lifecycle for batteries. Meanwhile, the battery law aims to create a circular economy with an evaluation process for all stages of battery production, from design to disposal.
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