🔋The EU is introducing a battery passport for electric vehicles, which will be mandatory from February 2027.
📃The battery passport will provide detailed information about the battery's origin, composition, capacity, and condition.
💡The passport aims to ensure transparency and traceability in the battery supply chain and enhance consumer safety.
💰However, the extensive regulations and red tape surrounding the battery passport may increase the cost of electric vehicles.
⚡️The battery passport is part of the EU's efforts to transition to cleaner transportation and address concerns about the sourcing of battery materials.