April 23 (News about Japan– An initiative led by Japan’s Information-Technology Promotion Agency has led to the signing of a Memorandum of Understanding in Germany aimed at mutually sharing data on electric vehicle (EV) batteries.
The agreement aims to facilitate the exchange of supply chain information among automotive companies in both regions and improve management of regulatory compliance and supply risks by leveraging shared knowledge of battery supply chains.
By pooling and exploiting this critical data, both Japan and Europe will be better positioned to respond to potential disruptions and regulatory challenges, ensuring a more stable and efficient supply chain for the critical components of electric vehicles.
Source: BIZ
