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Redwood launches electric vehicle battery recycling program Volvo and Ford are the first to participate

2022-02-21

Guide:Redwood's electric vehicle battery recycling program will begin in California, with Ford Motor and Volvo Cars being the first automakers to participate directly in the program. But Redwood said it will accept all of the state's lithium-ion and nickel-metal hydride batteries (NiMH) and welcomes other automakers to join the program!

(Image source: Redwood)

On February 17, Redwood Materials, a battery recycling company founded by Tesla co-founder and former CTO J.B Straubel, said it is launching the most comprehensive electric vehicle battery recycling program to create efficient, safe and effective recycling routes for end-of-life hybrid and electric vehicle battery packs.

Redwood's electric vehicle battery recycling program will begin in California, with Ford Motor and Volvo Cars being the first automakers to participate directly in the program. But Redwood said it will accept all of the state's lithium-ion and nickel-metal hydride batteries (NiMH) and welcomes other automakers to join the program!

To truly achieve the sustainability and economy of electric vehicles, Redwood needs to create new avenues for the collection and recycling of end-of-life battery packs. Mass production of electric vehicles and the increasing use of recycled materials in the United States are the only way Redwood can create a circular, sustainable, and safe supply chain to meet U.S. electrification programs. While the first major wave of end-of-life electric vehicles will be a few years away, Redwood and its first partners, Ford and Volvo, are now already working on ways to recycle batteries.

California has been a leader in the transition to electric vehicles and is one of the largest markets for electric vehicles in the world, so when the first wave of electric vehicles began to be phased out of the roads of various regions, California must be among them.

Redwood can recycle 6GWh of lithium-ion batteries (equivalent to 60,000 electric vehicles) per year, accounting for the majority of recyclable lithium-ion batteries in North America. Redwood has been preparing for the first wave of obsolete electric vehicles and is already preparing for the battery market to identify and collect battery packs.

Redwood will work directly with dealers and dismantlers in California to identify and recycle end-of-life battery packs. Redwood will then safely package, transport and recycle the batteries at its neighboring Nevada facility, and then put high-quality recycled materials back into domestic battery production. As the number of end-of-life batteries increases, Redwood hopes these batteries can become a valuable asset and help electric vehicles become more sustainable and economical.

Redwood's goal is to continuously learn and share battery recycling experiences with the industry. Redwood will show the industry the value of end-of-life battery packs and how to steadily improve their economic efficiency as the number of end-of-life battery packs continues to increase. Ultimately, Redwood's goal is to create the most efficient and sustainable recycling system that enables end-of-life battery packs to re-enter the battery supply chain. Redwood is also looking forward to working with the California government, dismantlers, dealers and other automakers.

Source: ITDCW

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