Abstract
Electric vehicles are hailed as the greenest cars available, and by 2030 they will account for around 32 per cent of the total market share for new car sales, according to one report. However, due to their reliance on batteries, the increasing popularity of EVs means more minerals are needed to create them. To provide transparency across its supply chains, a British start-up is using blockchain - a shared, immutable ledger for recording transactions, tracking assets, and building trust - to track everything from the raw materials in batteries to carbon dioxide emitted during the construction of cars.
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