Tesla Model 3 at the car’s launch event. EV, ESS and consumer electronics battery recycling presents a huge opportunity as well as a challenge that the world needs to solve. Image: Wikimedia user Steve Jurvetson.
Redwood Materials CEO and former Tesla CTO JB Straubel has told a US Senate hearing that his company already receives approximately 6GWh of end-of-life lithium-ion batteries for recycling annually.
Straubel founded Redwood materials in 2017 after leaving Tesla, having led the automaker through battery cell design, supply chain development, designing and scaling the company’s first gigafactory and ramping up production of its first ‘affordable’ EV, the Model 3.
In July last year, Redwood announced that it had attracted more than US$700 million in investment to scale up its operations, including facilities close to the Tesla-Panasonic gigafactory…