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Volvo says it's working with suppliers to bring "global traceability" of cobalt used in EV batteries through the use of blockchain technology.

Why it matters: Cobalt is a key material in batteries, but its extraction — largely in the Democratic Republic of the Congo — is linked to human rights abuses and dangerous conditions.

The big picture: Demand for the material is set to grow as automakers roll out more and more EV models in the coming years — including Volvo, which unveiled its first fully electric car last month with more on the way.

Where it stands: Volvo said the use of the digital transaction technology "boosts transparency of the raw material supply chain as the information about the material’s origin cannot be changed undetected."

  • The company said it has reached agreements with its two main battery suppliers, CATL and LG Chem, to implement the "traceability" this year. Tech companies including Oracle and IBM are involved in the effort.

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Updated 41 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Politics: Trump says if Biden's elected, "he'll listen to the scientists"Trump calls Fauci a "disaster" on campaign call.
  2. Health: Coronavirus hospitalizations are on the rise — 8 states set single-day coronavirus case records last week.
  3. States: Wisconsin judge reimposes capacity limit on indoor venues.
  4. Media: Trump attacks CNN as "dumb b*stards" for continuing to cover pandemic.
  5. Business: Consumer confidence surveys show Americans are getting nervousHow China's economy bounced back from coronavirus.
  6. Sports: We've entered the era of limited fan attendance.
  7. Education: Why education technology can’t save remote learning.
2 hours ago - Health

Trump attacks CNN as "dumb b*stards" for continuing to cover pandemic

President Trump attacked CNN for continuing to cover the coronavirus pandemic, calling the network "dumb b*stards" at a campaign rally in Prescott, Arizona on Monday.

Why it matters: The president's attacks on the media and Anthony Fauci, the government's top infectious-disease expert, come as coronavirus cases and hospitalizations are again surging across the country, just two weeks out from Election Day.

3 hours ago - World

Deal to remove Sudan as terror sponsor paves way for Israel move

President Trump announced Monday that he will be removing Sudan from the State Department’s state sponsors of terrorism list after the Sudanese government agreed to pay $335 million in compensation for families of American victims of terrorism.

The big picture: Trump's announcement is part of a wider agreement that is expected to include moves from Sudan toward normalizing relations with Israel.