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Benzinga

Technology

Rachit Vats

Ford Partners With Tesla Co-founder's EV Battery Recycling Venture Program In California

Tesla Inc. Ford California China Ford Motor Co NYSE Redwood Volvo Volvo Cars

Ford Motor Co (NYSE:F) and China’s Geely Automobile-owned Volvo Cars (OTC:VLVLY) have partnered with Tesla Inc (NASDAQ:TSLA) co-founder JB Straubel’s Redwood Materials for an electric vehicle battery recycling venture program in California.

What Happened: Redwood Materials said Ford and Volvo are supporting its most comprehensive program in California that will focus on recycling end-of-life hybrid and electric vehicle battery packs.

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