Volvo to Invest in London-Based Blockchain Company for Better Traceability of Battery Materials

The automaker giant, Volvo, will invest in Circulor–a London-based blockchain firm, to monitor the supply chain of additional materials used in the manufacture of electric batteries, the Financial Times on July 8, 2020, has revealed. Volvo to Inject Millions in Circulor The investment, thought to be in single-digit millions, was announced during the Financial Times’s Future of the Car virtual
Source: Volvo to Invest in London-Based Blockchain Company for Better Traceability of Battery Materials