Redwood Materials has formed a partnership with Ultium Cells to recycle General Motors' electric vehicle (EV) battery scrap.

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TechCrunch 3w ago

Redwood Materials has formed a partnership with Ultium Cells to recycle General Motors' electric vehicle (EV) battery scrap. - TechCrunch

Quick Summary:

A Redwood spokesperson told TechCrunch that the average battery factory generates 5% to 10% in scrap, which translates to Redwood managing around 10,000 tons of material annually — the equivalent of daily truckloads of scrap.

Ultium Cells’ two facilities that will be supplying scrap to Redwood are each 2.8 million-square-feet operations that are expected to produce more than 80 GWh combined battery cells annually, and Redwood says it will receive the majority of that scrap.

In 2021, Ultium also partnered with Canadian battery recycling firm Li-Cycle to recycle scrap, but GM has not confirmed if that deal is still ongoing. Ultium is also in the process of building a third facility in Michigan.