Tokenization is essential for realizing the Biden administration's ambitious electric vehicle adoption target. Blockchain technology provides avenues for creating transparency and trust when it comes to what raw materials and sources of energy are used in production. Companies like SES AI are advancing this technology through solutions like Li-Metal EV batteries which can be monitored and tracked for their origin and production. By introducing a trust-based system to the supply chain of electric vehicles, regulators will have the assurance that only clean, ethical sources are used by EV manufacturers. Tokenization also brings other benefits such as spinning off new markets and enabling ownership of new digital assets. The current momentum for the adoption of electric vehicles has been jumpstarted by the Biden administration, and tokenization could be the way to making it happen.



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