Redwood Materials

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 T

JB Straubel talks Tesla, Redwood Materials and keeping a startup mentality at any scale

JB Straubel has worn many hats in his career: co-founder of Tesla, Tesla board member, and more recently, founder and CEO of battery materials and recycling startup Redwood Materials. But in his heart

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 over $5 billion, ac

Tesla shareholders elect former CTO, co-founder JB Straubel to board

JB Straubel is officially back at Tesla — this time as a board member. The former Tesla CTO and co-founder was elected by shareholders Tuesday as an independent board of director. A crowd of Tesla s

JB Straubel could return to Tesla – as a board member this time

Tesla has nominated JB Straubel, the company’s former CTO who is now running his own startup Redwood Materials, as its next independent board member. The company said in a regulatory filing Thur

VW and Redwood want to turn your old laptops into EV batteries

Battery materials and recycling startup Redwood Materials is expanding a partnership with Volkswagen of America in its bid to collect more end-of-life batteries from consumer electronics and strip out

Redwood Materials lands $2B conditional loan from DOE

Battery materials and recycling startup Redwood Materials has secured a conditional commitment for a $2 billion loan from the Department of Energy as part of the Biden administration’s bid to bu

Redwood Materials to build multibillion-dollar factory in the US ‘battery belt’

Redwood Materials said Wednesday it will build a new battery materials and recycling facility on a 600-acre campus near Charleston, South Carolina that will eventually employ 1,500 people and make eno

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&#82

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 chai

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 n

Can battery recycling help end US reliance on China?

China has long been the leader in battery supply and manufacturing. The Inflation Reduction Act seeks to end reliance on the East Asian country and turn the U.S. into a battery powerhouse.

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 Redwood Materials to recov

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 an

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 c

Ballooning US EV registrations raise opportunities for startups

Surging EV adoption is certain to drive even more opportunities for startups to capitalize on the sector's growth.

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 m

Panasonic to use Redwood’s recycled materials in battery cell production at Tesla gigafactory

Panasonic battery cells made at the Gigafactory it operates with Tesla will use more recycled materials by the end of 2022 as part of an expanded partnership with startup Redwood Materials. Panasonic

Ford, SK to spend $11.4B to build two US manufacturing campuses dedicated to EVs and batteries

Ford Motor Company and battery manufacturer SK Innovation plan to spend $11.4 billion to build two massive campuses in Tennessee and Kentucky that will produce batteries as well as the next generation

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 at the end of t
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