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

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.

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Article Details

Author / Journalist: Rebecca Bellan

Category: Technology

Markets: United StatesAustraliaChinaIndia

Topics: Transportation Redwood Materials Ultium General Motors Batteries Climate

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-23 @ 13:02:26 (1 months ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1190 words

Reading Time: 7 minutes read

Sentences: 54 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © TechCrunch

News ID: 21066229

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