Redwood Materials is launching a comprehensive electric vehicle battery recycling scheme in the US, beginning in California, to establish efficient, safe and effective recovery pathways for end-of-life hybrid and electric vehicle battery packs. Ford Motor Company and Volvo Cars are the first automakers to directly support the project.
The program will accept all lithium-ion (Li-ion) and nickel metal hydride (NiMH) batteries in the state and welcome other automakers to join us in this effort.
Redwood will work directly with dealers and dismantlers in California to identify and recover end-of-life packs.
It will then safely package, transport, and recycle these batteries at our facilities in neighbouring Northern Nevada, and then return high quality, recycled materials back into domestic cell production.
In 2021, Redwood announced a partnership with Ford Motor Company to create a closed loop for battery recycling and a domestic supply chain for critical battery materials.
Redwood’s CEO and Co-founder is JB Straubel.
Prior to founding Redwood, Straubel spent 15 years at Tesla as Co-Founder and CTO where he led cell design, supply chain, and led the first Gigafactory concept through the production ramp of the Model 3.
Ford has invested $50 million in Redwood to help it expand its manufacturing footprint.
Ford President and CEO, Jim Farley, says: “We are excited to be strengthening our partnership with Redwood Materials in identifying solutions for electric vehicle batteries that have reached the end of their useful lives. This new program with Redwood Materials will help Ford lead America’s transition to sustainable and carbon-neutral EV manufacturing and ultimately help make electric vehicles more environmentally responsible and affordable for our customers. I want to thank JB Straubel and the Redwood team for bringing their world-class technology and know-how to our joint effort.”
Redwood‘s aim is to create the most effective and sustainable closed-loop system that will allow for end-of-life battery packs to re-enter the domestic supply chain.