'Honda, Ford join alliance to set rules for blockchain 'battery passport'' -Nikkei Asia
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Honda and Ford have joined the Mobility Open Blockchain Initiative (MOBI) to develop a blockchain-based 'battery passport' system for electric vehicles (EVs). The system aims to track the life cycle of EV batteries, ensuring their proper disposal and recycling.
June 20, 2023 | 5:26 pm
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Ford joins MOBI alliance to develop a blockchain-based 'battery passport' system for electric vehicles, potentially improving battery management and disposal.
Ford's participation in the MOBI alliance to develop a 'battery passport' system could lead to better battery management and disposal practices for electric vehicles. This may result in cost savings, improved sustainability, and a positive brand image, potentially driving up Ford's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Honda joins MOBI alliance to develop a blockchain-based 'battery passport' system for electric vehicles, potentially improving battery management and disposal.
Honda's participation in the MOBI alliance to develop a 'battery passport' system could lead to better battery management and disposal practices for electric vehicles. This may result in cost savings, improved sustainability, and a positive brand image, potentially driving up Honda's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50