• The European Parliament and Council are closer to enacting the new battery law, which means that battery manufacturers may have to adopt blockchain technology.
• Meanwhile, this bill represents a good opportunity for VeChain as battery manufacturers can store their battery’s digital passport on the VET blockchain.

According to a tweet by Vechain technology enthusiast (@eisenreich), the European Union is a step closer to enacting new rules for the design, production, and disposal of batteries. According to the EU, these rules will help foster a sustainable economy.

The New Battery Law In The EU

On December 9th, the European Parliament (EP) and the European Council (EC) reached a provisional agreement on the “New Battery Law.” It is the first law to issue “green” prerequisites for the whole product lifecycle for batteries. Meanwhile, the battery law aims to create a circular economy with an evaluation process for all stages of battery production, from design to disposal.

Achille Variati, the EP’s rapporteur, applauded the bill saying that this will benefit the economy and the environment. Variati stated that batteries would work well, become safer, and be easy to remove.

“Our main aim is to create a robust EU recycling sector for mainly lithium and a strong industrial sector. It will be important to Europe’s…