VW of America teams with Redwood on EV battery recycling

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(Reuters) – Volkswagen Group of America is teaming with Nevada startup Redwood Materials to recycle batteries from VW and Audi electrical automobiles within the United States, the businesses mentioned on Tuesday.

VW is the most recent carmaker to accomplice with Redwood, which has solid related alliances with Toyota Motor Corp, Ford Motor Co and Geely Automobile’s Volvo Cars.

In an announcement, VW Group of America Chief Executive Scott Keogh mentioned the recycling partnership with Redwood will “assist us speed up EV adoption in America.”

VW has mentioned it’s aiming for 55% of its U.S. gross sales to be totally electrical by 2030.

Redwood additionally has recycling offers with battery makers Panasonic Corp in Nevada and Envision AESC in Tennessee, in addition to Amazon. Ford and Amazon are traders in Redwood.

Started by Tesla co-founder JB Straubel, Redwood has mentioned its mission is “to create a home closed-loop battery provide chain” that finally might scale back reliance on mining uncooked supplies.

Redwood mentioned it’ll work with greater than 1,000 VW and Audi sellers within the United States to get better and recycle battery packs at Redwood’s Nevada amenities, together with re-manufacturing battery electrode elements from such supplies as cobalt, nickel, lithium and copper.

(Reporting by Paul Lienert in Detroit; Editing by Tomasz Janowski)



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