Minespider, a German blockchain-based tracking solution company, and Thingspire, a domestic climate tech company, announced the start of joint R&D on a Digital Product Passport (DPP) and Battery Passport optimized for Korea and East Asia.
Starting with the partnership signed in May 2024, Thingspire and Minespider have been planning solutions for carbon-neutral technology and the Battery Passport for East Asia, particularly targeting automakers and battery manufacturers.
According to regulations for enhancing the sustainability of the domestic battery supply chain and product safety, OEM manufacturers must provide information on battery capacity, rated voltage, maximum output, data on battery cell manufacturers, type/form, and main component composition. Some standards are being implemented gradually, and from October 2024, OEM manufacturers must undergo additional certification procedures from the Korea Transportation Safety Authority to ensure the safety of EV batteries. According to the revision of the Automobile Management Act, a unique battery ID must be generated in the battery management system from February 2025.
The industry is expected to see new requirements and standards for EV and battery manufacturers in the future. Accordingly, the two companies will focus on introducing Minespider’s extensive battery passport capabilities to the Korean market, while Thingspire will leverage its extensive carbon accounting and life cycle assessment (LCA) experience to build a localized and advanced solution that complies with domestic regulations.
Since 2021, Minespider has been working with industry leaders including Ford, Renault, and Temsa to develop the Battery Passport to help automakers and battery manufacturers comply with EU battery regulations.
We are also participating in the European Battery Alliance (EBA), sponsored by the European Commission, and the Recirculate project, which focuses on a circular economy for battery materials.
Nathan Williams, Founder and CEO of Minespider, said: “We are delighted to partner with Thingspire, a domain expert in the East Asia region. We look forward to applying our experience with EU battery regulations to Korea and East Asia and working with Thingspire to launch joint solutions. We are confident that Thingspire’s deep carbon and Life Cycle Assessment (LCA) capabilities will significantly contribute to our customers’ battery regulation compliance.”
Thingspire has successfully completed a national R&D project for an electric vehicle data platform, and through this, has built a core data platform to support the infrastructure of the rapidly growing electric vehicle industry. In addition, starting in 2022, it has entered the global carbon accounting and life cycle assessment (LCA) market and established a partnership with Minespider, a leading company in the blockchain-based tracking solution field.
Through the joint development of the Digital Product Passport (DPP) and Battery Passport, Thingspire now has an integrated carbon management portfolio encompassing carbon accounting, energy management system (EMS), carbon-neutral AI, and Digital Product Passport.
Original article: https://www.joongang.co.kr/article/25292841
