Yesterday, electric car company Polestar announced a strategic partnership with blockchain traceability startup Circulor. The companies already work together to trace cobalt used in certain Polestar electric vehicle batteries.
“Caring about ethics and the environment is key to Polestar. This unprecedented level of traceability means that Polestar can promote sustainable and ethical practices in its supply chain and provide better transparency for consumers,” said Polestar CEO Thomas Ingenlath.
Last month, the Swedish car manufacturer outlined an ambitious plan, Polestar 0, to produce a carbon neutral car by 2030. But there’s more. Where others might resort to carbon offsetting through planting trees or investing in renewables, Polestar says its supply chain needs to leave the factory gates with a zero-carbon footprint and without using offsets to achieve that goal.
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