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EV battery maker says its new cells can last a million miles
CATL says its new EV battery will last for a million miles. Tesla will put them in its new Chinese-made Model 3 sedans.
BMW spends billions to secure batteries and drivetrains for its EVs
BMW has announced its plans to make electric variants of all its most popular cars, in addition to high-end EVs like the upcoming all-electric i4 sedan. All of these cars will need batteries, and the company has just inked a deal to secure its supply from manufacturers CATL (Contemporary Amperex Technology Co. Limited) and Samsung SDI.
Volvo will use blockchain to prove its cobalt wasn’t mined by children
The dark side of electric vehicle production is that the lithium ion batteries most EVs run on require raw materials like cobalt, and cobalt mines have become notorious for using child labor. Now that Volvo has revealed its first fully-electric car, the XC40 Recharge, the automaker wants to ensure sure that the raw materials in its lithium ion batteries are sourced responsibly. For that, it's turning to blockchain.
