PARTNERING WITH INDUSTRY LEADERS
WHAT DOES THE BATTERY PASSPORT MEAN FOR YOUR BUSINESS?
Looming legislations, such as the The European Union’s upcoming Digital Product Passport (DPP) will require manufacturers in the automotive industry, particularly battery producers, to emit a digital battery passport (DBP) that includes all information about critical materials and their origins. The DBP must also contain information on a battery’s entire lifecycle—from the raw materials through to manufacturing, primary use, remanufacturing, recycling and end-of-life disposal. The regulation will also stipulate that a certain percentage of each product be made from recycled materials, with restrictions on the amount of products that can be thrown away.
The DBP will have substantial implications for global value chains as it will set a precedent and example to follow for the international adoption of all other types of DPPs in the future. Investing in the right traceability technologies will be key to create a battery passport.
DIGITAL BATTERY PASSPORT
Investing in the right traceability technologies will be key to complying with digital battery passport regulations. Say hello to OPTEL’s OptchainTM, the intelligent supply chain traceability platform that simplifies compliance.
Optchain acts as a control tower, capturing and connecting granular upstream and downstream data along your supply chain will enable you to:
- Monitor chain of custody with comprehensive track and trace capabilities
- Carry out due diligence
- Build product documentation
- Prove compliance
- Provide instructions for battery end-of-life management to end users
- Providing robust and accurate reports for legislative bodies
- Creating your digital battery passport
- Qualifying for batteries for vehicle tax credits
- Complying with other rules, such as the Ecodesign for Sustainable Products Regulation (ESPR), Carbon Border Adjustment Mechanism (CBAM), and many others
Track the battery’s entire lifecycle to measure:
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CARBON FOOTPRINT
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RECYCLING RATE
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USAGE OF CRITICAL MATERIALS
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PROOF OF CONFORMITY
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SOCIAL RISK CATEGORIES
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ENVIRONMENTAL RISK CATEGORIES
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HUMAN AND LABOR RIGHTS
DIGITAL BATTERY PASSPORT
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