nc10
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Redwood has partnered with a few EV industry companies previously, so not really new news, but their name keeps popping up, hopefully we'll see more domestic companies in a leading role in the battery supply chain/loop
"Redwood's stated goal is to reduce the economic and environmental costs of EVs by establishing a "closed-loop supply chain" with a tremendous capacity for battery recycling. Already taking in over six gigawatt-hours of batteries for recycling each year, Redwood aims to increase recycling capacity to 100 GWh by 2025—enough to produce batteries for almost 1.4 million Toyota BZ4X crossovers annually. By 2030, Redwood expects to handle 500 GWh, enough for nearly seven million BZ4Xs".
"Redwood's stated goal is to reduce the economic and environmental costs of EVs by establishing a "closed-loop supply chain" with a tremendous capacity for battery recycling. Already taking in over six gigawatt-hours of batteries for recycling each year, Redwood aims to increase recycling capacity to 100 GWh by 2025—enough to produce batteries for almost 1.4 million Toyota BZ4X crossovers annually. By 2030, Redwood expects to handle 500 GWh, enough for nearly seven million BZ4Xs".
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