VUL 4.23% $3.17 vulcan energy resources limited

A digital EU product passport for...

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    A digital EU product passport for batteries
    https://www.fraunhofer.de/en/press/research-news/2024/april-2024/circular-economy-a-digital-eu-product-passport-for-batteries.html

    "Starting in February 2027, all new traction batteries, two-wheeled vehicle batteries and industrial batteries with a capacity of over 2 kWh that are marketed in the EU will require a digital battery passport."

    "The Battery Pass Consortium, with the participation of the Fraunhofer Institute for Production Systems and Design Technology IPK, is developing frameworks and recommendations in terms of content and technology for implementing the passport."

    "The purpose of the battery passport is to support seamless documentation of a battery’s life, from raw material extraction and production to use, reuse and recycling. It holds a record of a battery’s origin and logs the relevant uses."

    "To this end, it documents data that comprehensively describes the sustainability and responsibility of the supply chain, such as data on the carbon footprint, the working conditions for raw material extraction, battery materials and components, hazardous substances contained, resource efficiency, performance and service life, battery status, and other data including information on recyclability and repair as well as how to implement these steps."

    "To enable battery manufacturers and importers to present the battery passport in 2027, all of the necessary groundwork, technical specifications and test systems must be completed by the end of 2025."

 
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