While electric vehicles continue to be regarded as one of the finest creations of modern-day man, the problem of global pollution is still immense.
You would be thinking that now when we are producing more EVs than humanity has ever seen, why is the problem still so immense?
But in these details lie the reality because as the number of electric vehicles on the roads increases, so does the number of annual EV batteries discarded into the atmosphere.
EV Batteries Are A Big Threat
These batteries are a source of the constant threat to humanity and animals because of their toxic materials.
This is why more companies than ever before are now looking for ways to recycle their EV batteries.
Partnership Of Redwood Materials With Ford & Volvo
Which Batteries Can Redwood Materials Handle?
Redwood Batteries has made it clear that for now, these two companies are joining hands with them. However, they are open for collaboration from all sources of Li-ion and Nickel Metal Hydride batteries.
While the purpose of the partnership is to reduce the global pollution caused by discarded batteries, it is also to recycle battery components for reuse in regeneration.
This is vital because with the booming EV market, the availability of such components is a major issue and by mining more resources, we are already posing a greater threat for the planet as a whole.
Who Is the Founder Of Redwood Materials?
JB Straubel, the founder of Redwood Materials is a renowned person who also happens to be the co-founder of Tesla.
He set up this company in 2019 after leaving Tesla to focus solely on Redwood Materials as he believes that the world is not doing enough for recycling EV batteries and their materials.
Straubel also emerged to fame lately when he announced that his company had received a loan of €619 million which will help the company turbocharge its plans.
What Is The Annual Recycling Capacity Of Redwood Materials?
The company is operating on a mega-scale as more than 6 GWh batteries which are equivalent to around 60,000 average-sized EV batteries are processed by the company on an annual basis.
This explains how far Redwood Materials has come in terms of recycling batteries.
However, even Redwood Materials believes that the first mega wave of the batteries coming off the EVs is yet to hit their facility.
It will only be after this wave that the company will be able to fully ascertain whether its current capacity is enough or not.
What Is The Role Of Redwood Materials?
Redwood Materials excels at offering a state of the art mechanism for battery recycling.
Through its modern technology, the company not only dismantles batteries that have reached their end of life but also safely packages and transports them.
This material is then sent to facilities located in Nevada which then regenerate EV batteries using this extracted material.
Redwood Materials is actively participating in the global race to achieve a sustainable environment through which we cannot just make our planet cleaner and greener but can continue to do so for a long time.
Ford and Volvo (through Polestar) are already offering their electric vehicles to customers. However, only time will tell whether more brands join the footsteps of these two companies by reaching out to Redwood Materials.