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Redwood Materials recycles lithium-ion batteries and produces battery materials for electric vehicles. The company was started by JB Straubel, the Co-Founder and CTO of Tesla for 15 years.
Redwood has raised $1.7B+ to-date, received a $2B loan from the U.S. government and is already the largest battery recycler and producer in the U.S.
They have production facilities in Reno, Nevada and Charleston, South Carolina. They have plan to provide batteries for 1M EVs by the end of 2025.
Redwood has the potential to become one of the most important companies for the green revolution.
www.redwoodmat...