HQ: Carson City, Nevada
Leadership: JB Straubel
Website: redwoodmaterials.com
Opportunity: Redwood is creating a closed-loop supply chain for electric vehicles and energy products, making them truly sustainable and continuing to drive down the costs for batteries.
Vision: Inventing sustainable materials to build the world.
Status: Active
> First partnered with Valor in 2021.
> Redwood receives ~3 GWh annually or about 45,000 cars worth of batteries and recovers up to 98% of the elements like nickel, cobalt, copper and lithium.
> Redwood is currently developing processes to produce battery materials to resell into the battery supply chain through partners including Panasonic at the Tesla Gigafactory, Envision AESC and Amazon.
> Redwood also accepts and recycles consumer products like phones, laptops, tablets, power tools and other devices with a lithium-ion battery: www.redwoodmaterials.com/recyclewithus
