Reuters reported that the coalition of 11 partners has received 8.2 million euro from the German government in order to develop a common classification and set of standards for gathering and disclosing battery data, as they could become mandatory under European Union regulations.

A European Commission proposal will be discussed later this year regarding rechargeable EV, light transport and industrial batteries sold in Europe, for which their manufacturers will have to disclose their carbon footprint starting 2024, and from 2027 they would need to comply to a CO2 emissions limit.

Given the fact that batteries contain finite raw materials, such as cobalt, lithium and nickel, battery manufacturers will also have to disclose the amount of recycled materials in their batteries from 2027, if the proposal becomes law.

Also, starting 2030, they must use a certain share of recycled materials in their batteries in order to comply with regulations.

The battery tracking system could make use of QR codes that would be found on the respective batteries, and EV owners, businesses or regulators would be able to scan those codes in order to find out the necessary information regarding the battery's composition.

The same tool could help with regards to recycling materials found inside the batteries as well, the government said, which would cut independence from foreign suppliers, which control the majority of essential resources required for the battery production.