Volvo Cars will become the first automobile manufacturer to implement global traceability of cobalt used in its batteries by applying a blockchain technology. The announcement follows the reveal of brand’s first fully electric vehicle, the XC40 Recharge.
The traceability of raw materials is one of the main sustainability challenges faced by automobile makers. Volvo Cars remains committed to full traceability, which will ensure that drivers can drive their electrified Volvos knowing the material for the batteries has been sourced accordingly. As you might know, the Blockchain technology establishes a transparent and reliable shared data network and significantly boosts transparency of the supply chain of raw materials. It gives information about material’s origins and the information cannot be changed undetected.
Furthermore, Volvo Cars team has managed to reach an agreement with its two global battery suppliers, CATL of China and LG Chem of South Korea, and some of the leading blockchain technology firms to implement traceability of cobalt. Neat!
SEE ALSO: Volvo Cars shares details about brand’s first-ever electrified vehicle!
As you might know, the blockchain technology is a digital ledger, which contains a list of records, linked to each other via cryptography. Within the chains, the technology creates records of transactions that cannot be changed, while also enforcing a common set of rules for what data can be recorded. This allows all participants to verify and audit transactions independently.
Stick with us for further information!
Source: Volvo Cars
Full specs and upgrades have been confirmed for the new S60, V60 and XC60 T8 Polestar Engineered Volvo mid-size models. As you might well know, this is the high-performance compartment of the famous Swedish brand and its entire energy is focused towards electrification and refinement of the engineering systems and gadgets.
Volvo Cars has introduced the XC40 Recharge, brand’s first ever fully electric vehicle and the first model to appear in its new Recharge lineup. Let’s find out more, shall we?
Volvo XC40 has claimed one more significant recognition – it adds the New Car of the Year title in the Motor Trader 2019 Awards to its already impressive collection. The resounding success of the machine is a result of dedication, determination and ever-evolving desire for delivering us only the best machines.
Volvo Car USA adds a 415hp plug-in hybrid electric machines among the award-winning XC60 mid-size SUV lineup and a new V60 mid-sized wagon to the 2020 lineup within the Polestar Engineering trim.
Polestar has taken the next step in its development as the team presents the new Polestar 2. This is an all-electric fastback machine that brings electric performance cars to a wider range of audiences. The model features an avant-garde design and unique customer experience in the premium compact electric segment.
Volvo Cars has unveiled a refreshed version of the XC90 bestseller SUV. As you know, this machine remains brand’s flagship model and comes with vast range of technologies.
Volvo Car USA reveals details and pricing for new generation of Volvo V60. With an entry point of $38,900, new family member arrives in US dealers in early 2019. Here’s what we know so far!
Volvo Cars, the pride of Sweden has revealed new Cross Country version of the popular V60. This is the latest addition to brand’s lineup and features numerous handy gadgets. And just like its siblings, new V60 Cross Country allows countless personalization tweaks and goodies to be added or removed, depending on buyer’s preferences.
Volvo adds more choice and personalization options to the V60 estate car rage by introducing new R-Design models. Sexy and advanced, the new family members surely will get some attention both from brand enthusiasts and sceptics.
Volvo introduces performance and efficiency benefits of the T5 turbocharged petrol engine that would be available for S90 saloon, V90 estate, V90 Cross Country and XC90 SUV. With massive overall output of 250hp and 350Nm of torque, the T5 would ensure pleasurable, smooth and refined driving experience.
Volvo’s popular XC40 takes one more prestigious award home thanks to its participation in the 2018 Euro NCAP tests. As always the vehicle earned the maximum five stars for safety features and joins its large siblings 60 and 90 series as one of the safest vehicles on the road today.