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Electric cars are the focus of attention...

Electric cars are the focus of attention.

Electric cars are the focus of attention.

May 15, 2023 03:55 PM Anwar Jahid

Electric cars are the focus of attention.
Last month, the Biden administration unveiled a historic reform to speed up the adoption of EVs. By 2030, at least 54% of all new vehicles produced in the United States must be electric, according to new rules proposed by the Environmental Protection Agency (EPA). This effectively mandates the development of a new North American supply chain, assembly lines, and manufacturing facilities.
Not only is a blockchain solution required to implement this supply chain, but it is also the only way to guarantee transparency and uphold human rights as the US moves away from fossil fuels.
The first transparent and intelligent EV battery supply chain in the world is being built by SES AI, a Li-Metal EV battery manufacturer with headquarters in Boston, which was founded by Dr. Qichao Hu.
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Currently, it is difficult to tell whether battery and auto manufacturers are making the necessary efforts to source ethically. Before reaching their final destination, battery and automobile parts are frequently procured and built across several continents, from mines in Africa to cell factories in Asia to automobile production lines in Europe.
Companies qualified for federal incentives could use filthy energy at multiple times along the production process, concealing the provenance of their components, before their vehicles hit the pavement in the United States. Regulators trying to enforce sustainable practices and develop end-to-end infrastructure in the United States and our FTA countries have a huge difficulty as a result of the complicated and opaque supply chain.

 

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