Ford and Volvo will sign up for battery recycling startup Redwood Materials in creating procedures, starting up in California, to gather close-of-lifetime batteries from electric and hybrid autos and get well the supplies for use in new batteries, the organizations said Thursday.
Redwood Components, co-established by previous Tesla government JB Straubel, formed an earlier partnership past tumble with Ford to acquire a “closed loop” or circular source chain for electrical motor vehicle (EV) batteries, from uncooked elements to recycling.
On Thursday, Redwood Resources stated it would perform straight with dealers and dismantlers in California to identify and get better conclude-of-everyday living battery packs. The products in all those packs will be recovered and recycled at Redwood Resources facilities in northern Nevada.
U.S. automakers Ford and Standard Motors Co (GM) have mentioned the battery recycling hard work is very important in efforts to produce a domestic offer chain to fulfill increasing EV demand.
GM and battery husband or wife LG Electrical power Option very last 12 months announced a partnership with startup Li-Cycle to recycle battery scrap product from Ultium Cells, the GM-LG joint undertaking that is making battery crops in Ohio, Tennessee and Michigan.
Redwood Elements has equivalent partnerships with battery makers Panasonic in Nevada and Imagine AESC in Tennessee, as nicely as with Amazon. Ford and Amazon are among the the investors in Redwood Materials.
Reporting by Paul Lienert in Detroit Modifying by Mark Potter
