Toyota has entered an agreement with a Tesla co-founder JB Straubel’s company, Redwood Materials, to recycle old batteries from their electric vehicles. Redwood was founded by the Tesla co-founder to collects and recycles discarded EV […]
Tesla’s battery supplier, Contemporary Amperex Technology (CATL), announced a new $5 billion battery cell facility in Hubei, China. CATL is already expanding their battery capacity across the globe. The company is looking to expand specifically […]
Former Tesla co-founder JB Straubel’s Redwood Materials raised $700 million from high-profile institutional investors and venture firms. The capital will allow the company to expand operations beyond their current operations in Carson City, Nevada. The […]
Tesla has submitted documents to local authorities in China indicating it plans to add a battery and electric motor recycling facility at Giga Shanghai. According to the documents seen by Reuters, not only will the […]
Redwood Materials has signed a deal with Envision AESC, agreeing to recycle defective battery cells and scraps. Envision AESC manufactures batteries for the Nissan Leaf in Smyrna, Tennessee, and Redwood Materials is owned by former […]
