battery recycling
Toyota is turning to startup Redwood Materials for critical battery materials
Battery cells produced at Toyota’s future North American EV factory will someday contain a little Redwood Materials DNA. The two companies announced Thursday that Redwood Materials will supply Toyota with…
Circu Li-ion co-founder and CEO Antoine Welter says his startup’s upcycling machine can diagnose batteries in seconds. “We know exactly which cell can be reused and which one can’t,” he…
Battery recycling heats up with Ascend Elements’ $542M Series D
Venture funding for battery recycling startups is popping off lately, and the latest to see the IRA-driven upside is Ascend Elements, which announced a massive $542 million in Series D…
Redwood Materials raises $1B to expand US battery supply chain
Redwood Materials, the battery recycling startup founded by former Tesla co-founder and CTO JB Straubel, has raised over $1 billion in a Series D round at a post-money valuation of…
There’s a long list of things corporations can do to lessen consumer electronics’ environmental impact. Making systems easier to repair is up there, along with encouraging device recycling and updating…
Rawr? Green Li-ion recharges with $20.5M to scale its recycling tech
Green Li-ion says its battery recycling machines are the “size of a small house,” so it’s no wonder the Singapore-based startup needed to top up on funds. It’d only raised…
Battery recycling startup Cylib recharges its coffers to go faster
In 2024, a number of new EU regulations are expected to come into force, which will tighten the obligation of electric vehicle manufacturers and resellers to recycle batteries at the…
Lyft, Redwood Materials partner to recycle shared e-bike and e-scooter batteries
Lyft is partnering with Redwood Materials, a battery recycling company founded by ex-Tesla co-founder JB Straubel, to ensure the batteries from its fleets of shared electric bikes and scooters don’t…
Redwood Materials to supply Panasonic with cathode material in multibillion-dollar deal
Battery materials and recycling startup Redwood Materials has landed a multibillion-dollar deal to supply critical battery components to Panasonic as efforts accelerate to build a domestic supply chain in North…
Audi, Redwood Materials launch recycling program for consumer electronics
Audi and battery recycler Redwood Materials are teaming up to collect end-of-life batteries from cell phones, electric toothbrushes and other lithium-ion-powered devices at participating dealerships nationwide. Beginning in November, consumers…
Li-Cycle, a Canadian lithium-ion battery recycler, has opened a battery recycling facility in Tuscaloosa, Alabama. The Toronto-based company, which also operates plants in Gilbert, Arizona and Rochester, New York, can…
Just outside of Munich, a startup plans a new process to recycle Lithium-ion batteries
Companies like Redwood Materials (raised $792 million), Li-Cycle (Canada, raised $667.7 million) and Green Li-ion (Singapore, raised $15 million) have made a name for themselves in recycling batteries. The activity…
“You want to get your $7,500, then build this industry.”
Volkswagen, Audi tap Redwood Materials to recycle old EV batteries in US
Volkswagen of America and Audi have locked in a resurrection plan for old battery packs from their growing slate of EVs. The two VW Group brands have contracted with startup…
Featured Article
Battery recycling could be the next investor darling of the EV era
Automakers and suppliers, keen to fortify an EV supply chain and avoid raw materials shortages, are turning to a domain once overlooked: battery recycling. Suddenly awash in interest from EV makers and venture firms, the sector has seen a spate of partnerships and funding deals in the past 18 months. The momentum appears to be…
Volkswagen breaks ground on first of six battery factories
Volkswagen Group broke ground Thursday at the first of six battery factories it expects to build in Europe, the official kickoff of a new battery business that will invest $20…
Redwood Materials partners with Toyota to recycle batteries in US
Redwood Materials, the lithium-ion battery recycling startup founded by former Tesla CTO JB Straubel, is partnering with Toyota to collect, refurbish and recycle batteries and battery materials that can be…
Ford, Volvo join Redwood Materials to launch free EV battery recycling program in California
Redwood Materials, the startup founded by former Tesla CTO JB Straubel, is launching an electric vehicle battery recycling program in California with Ford and Volvo as inaugural partners as pressure…
Ford partners with battery recycling and materials startup Redwood Materials amid EV push
Ford Motor has tapped Redwood Materials to create a closed loop system for its upcoming deluge of electric vehicles — a partnership that will cover recycling production scrap and EVs…
Battery Resourcers raises $70M to grow closed-loop battery supply chain
Battery Resourcers, a startup that’s developing a closed-loop approach to lithium-ion battery materials, has raised $70 million in mid-round funding to scale its commercial operations across two continents. The company,…
