News - Redwood Materials
Nov 7, 2023 · Redwood Materials announces $700M external investment round. Check out the latest news and updates from Redwood Materials.
Redwood Materials raises over $1 billion in Series D investment …
We will use our Series D funding to continue building our capacity, expanding the domestic battery supply chain and allowing our customers to purchase battery materials made in the US for the first time.
Redwood Acquires Redux: Strengthening the EU ... - Redwood …
Redwood expands its footprint in Europe by acquiring Redux Recycling GmbH, the leading lithium-ion battery recycler. With a state-of-the-art facility in Bremerhaven and a team of seasoned experts, this acquisition enhances our closed-loop battery supply chain vision, catering to the rapidly growing European EV market.
Redwood Materials | Circular Supply Chain for Lithium-ion Batteries
Redwood is transforming the battery supply chain by offering large-scale sources of domestic battery materials, produced from an increasing number of recycled batteries, that can go directly back to U.S. cell manufacturers.
Building the most sustainable (and scalable ... - Redwood Materials
Redwood's Nevada campus advances sustainable battery material production with innovative hydrometallurgical operations and North America's first anode copper foil production, redefining large-scale battery recycling and supply chain sustainability.
Redwood Partners with Ultium Cells - Redwood Materials
Redwood is now working with Ultium Cells LLC—the joint battery cell manufacturing venture between General Motors and LG Energy Solution— to recycle production scrap from both their Warren, Ohio and Spring Hill, Tennessee facilities.
Announcing a $700M investment round | Redwood Materials
Jul 28, 2021 · Redwood Materials announces $700M external investment round. “With this capital, Redwood will be able to accelerate our mission to make battery materials sustainable and affordable, accomplishing the change we need in the world with a circular economy."
Recovering lithium-ion batteries after unexpected events
Redwood was able to receive the container of batteries (estimated to weigh 70,000 lbs., enough to remake about 70 electric vehicles) and recover and recycle all the lithium-ion batteries involved.
Toyota to source cathode active materials and anode copper foil …
For Toyota’s products, Redwood is targeting a minimum of 20% recycled nickel, 20% recycled lithium, and 50% recycled cobalt, in our cathode and 100% recycled copper in the anode copper foil, making ours the most sustainable battery materials available on earth.
Redwood Materials and Volkswagen Group of America partner
Jul 12, 2022 · Redwood will work directly with Volkswagen Group of America’s network of more than 1,000 dealers to recover, safely package, transport, and recycle end-of-life EV battery packs from Volkswagen and Audi vehicles.