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17.01.2024

News

European battery maker ACC partners with Circulor to map supply chain, carbon emissions

LONDON, Jan 17 (Reuters) - Automotive Cells Co (ACC) has partnered with UK startup Circulor to check the provenance and embedded carbon emissions of raw materials the France-based battery maker uses for electric vehicle (EV) battery cells, the two companies said on Wednesday.

ACC is a joint venture between Stellantis (STLAM.MI), opens new tab, TotalEnergies (TTEF.PA), opens new tab and Mercedes-Benz Group (MBGn.DE), opens new tab.


Launched in 2020, ACC has announced EV battery plants in France, Germany and Italy with a 7 billion-euro ($7.6 billion) investment. The French plant should start mass production soon.


Circulor, which uses blockchain technology to map supply chains for companies pursuing greener production, already works with a range of companies including Volvo Cars (VOLCARb.ST), opens new tab, BMW (BMWG.DE), opens new tab and BHP (BHP.AX), opens new tab.


Read the full story on Reuters