Battery recycling will play an increasingly important role in the future. Surely, JB Straubel, co-founder of Tesla, had long understood that this sector would be fundamental for the development of electric mobility and, for this reason, he had decided to found Redwood Materials. A company that over time has made several important agreements with companies to recycle their batteries to recover raw materials that can be used again to produce new cells.
The company announced a new battery recycling program of electric vehicles in California. Apparently, Ford and Volvo they decided to support this new project immediately. However, the American company is also open to collaborations with other car manufacturers.
Therefore, the American company will go to recover precious elements from the batteries that have reached the end of their life to be inserted again in the supply chain for the construction of the new cells. The basic plan is that Redwood Materials will work with dealers and breakers in California to recover battery packs that are no longer functioning inside hybrid and electric vehicles.
The cost of recovering and transporting the batteries to the Redwood recycling plant in Nevada will be shared by the company together with partners in this project, namely Volvo and Ford. Redwood will accept all state-sourced batteries, regardless of vehicle make or model.
In fact, Ford is not the first time he has worked with Redwood Materials. In September 2021, these two companies announced that they also wanted to work together to create a supply chain for the materials essential to the construction of batteries. The two companies’ goal was to make electric vehicles more sustainable, reduce the cost of batteries and ultimately help make electric cars affordable. Apparently Volvo has now joined this project.
Finally, we remind you that the technology developed by Redwood Materials makes it possible to recover on average over 95% of the elements such as nickel, cobalt, lithium and copper. By using these recovered materials, automakers such as Ford and Volvo will be able to reduce the costs of accumulators and their dependence on imports and extraction of raw materials.