EU to unveil regulations on carbon footprint of batteries

On Monday, in a statement, Germany’s economy ministry said, “A consortium of carmakers and battery producers including BMW, Umicore and BASF will work alongside technology partners to develop a battery passport that traces the content and carbon footprint of batteries in Europe”.

The consortium, consisting of 11 companies has received $8.78 million (8.2 million euros) in funding for developing a common taxonomy, standards for gathering and disclosing such data, which could soon become mandatory under European Union regulations.

The European Commission is also set to discuss a proposal which is to be discussed in trilogues later this year on the carbon footprint of various types of batteries including those used in electric vehicle (EV), light transport and industrial batteries.

An obligation to disclose the content of recycled raw materials in those batteries would apply from 2027, followed by requirements to use a minimum share of recycled cobalt, lithium, nickel and lead from 2030.

The German consortium is the first project in Europe to attempt to design a digital product to meet these regulations, said Germany’s economy ministry.

($1 = 0.9335 euros)



Categories: Creativity, Economy & Finance, Entrepreneurship, HR & Organization, Regulations & Legal, Strategy, Sustainability

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