Redwood Materials recycles lithium-ion batteries and has partnerships with Ford, Volkswagen, Toyota, and BMW. The lithium-ion battery recycling market is expected to grow to $35.1 billion by 2031.

In 2021, Redwood Materials announced a partnership with the Ford Motor Company, which pledged to invest $50 million into the deal. Redwood Materials also has a battery recycling agreement with ...

In a move that underlines the practicality of electric vehicles in heavy-duty work, battery recycling firm Redwood Materials has employed a Tesla Cybertruck to haul significant loads of recycled ...