Amid rising demand for electric vehicles (EVs), leading carmakers around the globe are pushing for the creation of a standard that will accurately measure the amount of carbon dioxide generated by car batteries.
The Mobility Open Blockchain Initiative (Mobi), a group of 100 companies and organizations, that include carmakers Ford, Honda, and Japanese trading house Itochu, will lead the development of the standard in a bid to encourage better management of EV batteries and reduce their environmental impact, according to Nikkei Asia sources.
