Redwood Materials, a startup launched by Tesla co-founder JB Straubel, announced that it is beginning to collect and recycle EV battery packs from Volvo and Ford in California.
Straubel’s Redwood Materials was best known as a Nevada-based company developing new processes to recycle materials with a focus on electric car batteries.
But the company announced that is also getting into cathode and anode production with a 100 GWh battery material factory in the US.
It is trying to create a full closed-loop supply chain for battery production and recycling in North America.
