Microvast and Minespider to Show Battery Passport Demo at IAA Transportation 2024
Microvast Holdings (NASDAQ: MVST) and Minespider announced they will showcase a Battery Passport demo at IAA Transportation 2024 in Hannover, Germany, from September 17-22, 2024. This follows their strategic partnership announced on August 27, 2024, to implement Battery Passports for Microvast's EU customers in compliance with the EU Battery Regulation.
The demo will include key battery information such as identification number, manufacturing details, material composition, carbon footprint, and due diligence data. From February 2027, all EV, LMT, and industrial batteries over 2kWh must have a Battery Passport to enter the European market. Minespider will assess Microvast's readiness and implement the passports, which will benefit from an AI-powered data management system for accurate information capture and compliance maintenance.
Microvast Holdings (NASDAQ: MVST) e Minespider hanno annunciato che presenteranno una demo del Battery Passport all'IAA Transportation 2024 ad Hannover, Germania, dal 17 al 22 settembre 2024. Questo segue la loro partnership strategica annunciata il 27 agosto 2024, per implementare i Battery Passport per i clienti di Microvast nell'UE in conformità con la Regolamentazione sulle batterie dell'UE.
La demo includerà informazioni chiave sulle batterie come il numero di identificazione, i dettagli di fabbricazione, la composizione dei materiali, l'impronta di carbonio e i dati di due diligence. A partire da febbraio 2027, tutte le batterie per veicoli elettrici, LMT e industriali superiori a 2kWh dovranno avere un Battery Passport per entrare nel mercato europeo. Minespider valuterà la prontezza di Microvast e implementerà i passaporti, che beneficeranno di un sistema di gestione dei dati basato sull'IA per la cattura accurata delle informazioni e il mantenimento della conformità.
Microvast Holdings (NASDAQ: MVST) y Minespider anunciaron que presentarán una demo del Passport de Batería en IAA Transportation 2024 en Hannover, Alemania, del 17 al 22 de septiembre de 2024. Esto sigue a su asociación estratégica anunciada el 27 de agosto de 2024, para implementar Pasaportes de Batería para los clientes de Microvast en la UE, cumpliendo con la Regulación de Baterías de la UE.
La demo incluirá información clave sobre las baterías, como el número de identificación, detalles de fabricación, composición de materiales, huella de carbono y datos de debida diligencia. A partir de febrero de 2027, todas las baterías de vehículos eléctricos, LMT e industriales de más de 2kWh deberán tener un Passport de Batería para entrar en el mercado europeo. Minespider evaluará la preparación de Microvast e implementará los pasaportes, que se beneficiarán de un sistema de gestión de datos impulsado por IA para la captura precisa de información y mantenimiento de cumplimiento.
마이크로바스트 홀딩스(NASDAQ: MVST)와 마인스파이더는 2024년 9월 17일부터 22일까지 독일 하노버에서 열리는 IAA Transportation 2024에서 배터리 여권 데모를 선보일 것이라고 발표했습니다. 이는 2024년 8월 27일에 발표된 전략적 파트너십에 따른 것으로, EU 배터리 규정에 따라 마이크로바스트의 EU 고객을 위한 배터리 여권을 구현하기 위한 것입니다.
이번 데모는 식별 번호, 제조세부정보, 재료 구성, 탄소 발자국 및 적법성 검토 데이터와 같은 주요 배터리 정보를 포함합니다. 2027년 2월부터 2kWh 이상의 모든 전기차, LMT 및 산업용 배터리는 유럽 시장에 진입하기 위해 배터리 여권을 보유해야 합니다. 마인스파이더는 마이크로바스트의 준비 상태를 평가하고 여권을 구현하여 정확한 정보 캡처 및 준수 유지를 위한 AI 기반 데이터 관리 시스템의 혜택을 받을 것입니다.
Microvast Holdings (NASDAQ: MVST) et Minespider ont annoncé qu'ils présenteront une démo du Passeport de Batterie lors de l'IAA Transportation 2024 à Hanovre, en Allemagne, du 17 au 22 septembre 2024. Cela fait suite à leur partenariat stratégique annoncé le 27 août 2024, visant à mettre en œuvre des Passeports de Batterie pour les clients européens de Microvast conformément à la Règlementation sur les Batteries de l'UE.
La démo comprendra des informations clés sur les batteries, telles que le numéro d'identification, les détails de fabrication, la composition des matériaux, l'empreinte carbone et les données de diligence raisonnable. À partir de février 2027, toutes les batteries de VE, LMT et industrielles de plus de 2kWh devront posséder un Passeport de Batterie pour entrer sur le marché européen. Minespider évaluera la préparation de Microvast et mettra en œuvre les passeports, qui bénéficieront d'un système de gestion des données alimenté par l'IA pour une capture d'informations précise et un maintien de la conformité.
Microvast Holdings (NASDAQ: MVST) und Minespider haben angekündigt, auf der IAA Transportation 2024 in Hannover, Deutschland, vom 17. bis 22. September 2024 eine Demo des Batteriepasses vorzustellen. Dies folgt auf ihre strategische Partnerschaft, die am 27. August 2024 bekannt gegeben wurde, um Batteriepässe für die EU-Kunden von Microvast im Einklang mit der EU-Batterieverordnung zu implementieren.
Die Demo wird wichtige Batteriedaten wie Identifikationsnummer, Herstellungsdetails, Materialzusammensetzung, CO2-Fußabdruck und Due-Diligence-Daten umfassen. Ab Februar 2027 müssen alle EV-, LMT- und Industriebatterien mit einer Kapazität von über 2kWh über einen Batteriepasse verfügen, um in den europäischen Markt einzutreten. Minespider wird die Einsatzbereitschaft von Microvast bewerten und die Pässe implementieren, die von einem KI-gestützten Datenmanagementsystem zur genauen Informationsaufnahme und Einhaltung der Vorschriften profitieren werden.
- Proactive compliance with EU Battery Regulation before the 2027 deadline
- Strategic partnership with Minespider for Battery Passport implementation
- Showcasing innovative Battery Passport demo at major industry event
- Implementation of AI-powered data management system for accurate compliance
- None.
Microvast Battery Passport (Photo: Business Wire)
IAA Transportation 2024 is an international trade fair focused on mobility, transportation and logistics. Microvast and Minespider are pleased to present a Battery Passport demo during one of the key global events for businesses and professionals in the transportation and logistics markets and show how their strategic partnership will help Microvast collect, store and manage battery data in alignment with the EU Battery Regulation. The Battery Passport demo will include general information about the battery such as battery identification number, manufacturing date and place, material composition of the battery, carbon footprint information, due diligence information and other details about the battery required by the EU Battery Regulation.
From February 2027, all electric vehicle (EV) batteries, light means of transport (LMT) batteries and industrial batteries exceeding 2kWh must have a Battery Passport in order to enter the European market. As a highly innovative battery manufacturer, Microvast understands how important it is to act before the EU Battery Regulation comes into force. As part of the strategic partnership, Minespider will assess and confirm Microvast's readiness to comply with the EU Battery Regulation, followed by implementation of the Battery Passports. Information about the battery type, chemistry and performance data and sustainability data will be listed in the Battery Passports. Microvast’s batteries will also benefit from the latest AI data management system implemented by Minespider. With the system, companies can upload documents, and the AI automatically extracts relevant data into the Battery Passport, ensuring all required information is accurately captured. Additionally, the system identifies and highlights any potential gaps in the data, enabling corrective action to maintain compliance with the EU Battery Regulation and data integrity.
"We are happy to show a demo of our Battery Passport today at IAA Transportation 2024 together with Microvast. We share Microvast’s vision that every battery component must have “a long-term, large-scale, ‘vast’ positive impact”. We are thrilled to support Microvast in having a comprehensive picture of their batteries and battery components across the entire supply chain and throughout their lifecycle.” – Nathan Williams, Founder and CEO of Minespider, commented.
“At Microvast, we are committed to leading the industry in sustainable battery innovation and regulatory compliance. Our partnership with Minespider underscores our proactive approach to not only meet but exceed the requirements of the EU Battery Regulation. By initiating this cooperation well ahead of the February 2027 deadline, we are ensuring that our customers in the European Union can rely on us to deliver batteries that are both technologically advanced and fully compliant with the highest sustainability standards. This collaboration positions Microvast as a prime mover in setting the benchmark for sustainable battery practices.” – Stefan Herr, Executive Vice President Microvast EMEA, commented.
Minespider entered the battery market in 2021 and developed its own Battery Passport to help OEMs and battery manufacturers comply with the EU Battery Regulation. Minespider works with industry-leading companies from the EV battery market, including Ford Otosan, Renault and TEMSA. Minespider is also a part of the European Battery Alliance (EBA), the EU Commission’s funded project BATRAW, aimed to find new technological ways to recycle critical minerals from EV batteries, as well as the Recirculate project, focused on the creation of a battery materials marketplace and enhancing the circular economy.
About Minespider
Minespider is a technology company offering a blockchain-based platform for tracking supply chain data and creating more sustainable and transparent supply chains. Minespider offers Battery Passports, which are digital IDs of batteries that easily communicate key data across the supply chain and support compliance with the new EU Battery regulation. Companies such as Ford Otosan, Renault and TEMSA use Minespider's technology to drive the shift toward a sustainable future.
About Microvast
Microvast is a global leader in providing battery technologies for electric vehicles and energy storage solutions. With a legacy of over 17 years, Microvast has consistently delivered cutting-edge battery systems that empower a cleaner and more sustainable future. The company's innovative approach and dedication to excellence have positioned it as a trusted partner for customers around the world. Microvast was founded in 2006 and is headquartered in
For more information, please visit www.microvast.com or follow us on LinkedIn (@microvast).
Cautionary Statement Regarding Forward-Looking Statements
This communication contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about future financial and operating results; our plans, objectives, expectations and intentions with respect to future operations, products and services; and other statements identified by words such as “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimated,” “believe,” “intend,” “plan,” “projection,” “outlook,” or words of similar meaning. These forward-looking statements include, but are not limited to, statements regarding Microvast’s industry and market sizes, future opportunities for Microvast, and Microvast’s estimated future results. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic, and competitive uncertainties, and contingencies, many of which are difficult to predict and generally beyond our control. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements.
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Investor Relations Contact
ir@microvast.com
Source: Microvast Holdings, Inc.
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