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German car manufacturer BMW has announced that it will be buying cobalt, a chemical used in the production of electric vehicles, from mines in Morocco and Australia, the company’s executive told Reuters on Tuesday.
The company said that the decision was taken to make sure that electric vehicle (EV) batteries are «not produced by child labor».
BMW's decision was announced after the London Metal Exchange (LME), a commodities exchange that deals in metal futures, said it would ban brands that are «not responsibly sourced by 2022 to help root out metal tainted by child labor or corruption», the British agency explained.
Cobalt from Morocco and Australia will be used in the making of EVs in 2020, BMW board member Andreas Wendt said.
For the record, BMW announced in March 2019 that the German firm would stop «purchasing cobalt from the Democratic Republic of Congo with the introduction of the fifth generation of electric vehicles from 2020/21».
