Ex-Tesla CTO JB Straubel’s Redwood Supplies tackles battery recycling

Lithium-ion batteries are in all places — in telephones, laptops, tablets, cameras and more and more automobiles. Demand for lithium-ion batteries has risen sharply prior to now 5 years and is anticipated to develop from a $44.2 billion market in 2020 to a $94.4 billion market by 2025, largely because of the growth in electrical


Lithium-ion batteries are in all places — in telephones, laptops, tablets, cameras and more and more automobiles. Demand for lithium-ion batteries has risen sharply prior to now 5 years and is anticipated to develop from a $44.2 billion market in 2020 to a $94.4 billion market by 2025, largely because of the growth in electrical automobiles, in accordance with MarketsandMarkets. And a scarcity of lithium-ion batteries is looming within the U.S.

Former Tesla CTO and the mastermind behind lots of Tesla’s core applied sciences, JB Straubel, began Redwood Supplies in 2017 to assist tackle the necessity for extra uncooked supplies and to unravel the issue of e-waste. The corporate recycles end-of-life batteries after which provides battery makers and auto corporations with uncooked supplies briefly provide as EV manufacturing surges world wide. 

Straubel gave CNBC an inside take a look at its first recycling facility in Carson Metropolis, Nevada. Watch the video to be taught why battery recycling might be an important half in making EV manufacturing extra sustainable.



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