Wednesday 12 May 2021

EV maker Polestar using blockchain tech to track carbon

EV maker Polestar using blockchain tech to track carbon

Electric car company Polestar has joined forces with blockchain provider Circulor to track its carbon footprint.

The two companies have come together to identify the raw materials used in the production process that represent risks to the environment or human rights, such as nickel, manganese, lithium and others.

Circulor says it uses AI and blockchain to build solutions "to track provenance and improve efficiency in complex global supply chains".

Circulor is also providing a greenhouse gas (GHG) tracking solution, allowing Polestar to scrutinise its production and supply chain more intensely.

Consumers will be able to follow the journey on Polestar’s website and the announcement also follows its commitment last month; to build a ‘truly carbon-neutral car by 2030’.

Thomas Ingenlath, CEO of Polestar, commented: “Caring about ethics and the environment is key to Polestar. This unprecedented level of traceability means that Polestar can promote sustainable and ethical practices in its supply chain and provide better transparency for consumers.”

Written by

Bruna Pinhoni

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