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In the race of transitioning to an eco-friendly world, an electric vehicle is a compelling solution for consumers as well as car makers. In India alone, the electric vehicle market was is expected to reach USD 30,414.83 million by 2027!
To drive the exponential growth of these electric vehicles, a plethora of choices have been implemented by numerous consortiums.
A battery passport is one such alternative for sustainable management of electric vehicles (eVehicle). It gained enormous traction due to its benefits such as reduction in carbon emission and negating the impact of electrical and industrial batteries on the environment.
A battery passport is a digital system for storing significant information with respect to the entire battery cycle, enabling a shift to low-carbon mobility. It also provides comprehensive information about its origin and manufacturing details. It functions as a tamper-proof mechanism that helps in auditing the performance of the eVehicle and comparing it with its fellow competitors.
Benefits of using battery passports and their role in sustainability
By capturing end-to-end real-time data using battery passports, companies can take informed business decisions regarding the operational capacity and reusability of the batteries used in electric vehicles. It will continuously assess the potential and lifespan of the battery. Upon exhaustion, these batteries can be sold in the second-life market aligned with its entire data analysis and history. This proves to be an advantage and increases the authenticity of the battery origin during its resale.
In addition, reusing batteries help in the reduction of battery waste and mitigate its entry into the environment. Many startups and SMEs are initiating recycling techniques for achieving such sustainability. For example, Attero, India’s largest electronic waste recycling company, takes back lithium and cobalt-based batteries and generates electricity. Its secondary recycling unit also undertakes mobile phones, laptops, and washing machines.
Moreover, focusing on the battery quality helps in governing regulations concerning cobalt mining and keeping an eye on lead-acid battery production. This has, in turn, boosted many secondary benefits. Companies have started taking the higher grounds and moving towards sustainability. For instance, Tesla announced the development of cobalt-free batteries for its electric vehicles.
Germany paving their way forward in the sustainable race
For reducing dependency on fossil fuels and increasing the awareness of sustainable battery production, Germany’s Federal Ministry for Economic Affairs and Climate Action has initiated a ‘battery pass’ project. The project is intended to keep a tab on each EV battery and the materials used for its manufacturing. This will help the mining and eVehicle sector to take a positive step toward green energy.
With the growing demand for eVehicles, major automobile giants such as Tesla, Audi, and General Motors are open to utilizing battery passports and achieving sustainability goals. These battery passports are definitely a marketing asset for the growing eVehicle industry!