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The Latest Breaking News from Redwood Materials

Tesla cofounder: ‘We should be really worried’ about the U.S. grid as China speeds ahead in the power race

The U.S. must build much more power, storage, and better utilize the existing grid in order to keep the AI boom moving at pace, said Tesla cofounder and Redwood Materials boss JB Staubel at the Fortune Brainstorm Tech conference.

Fortune

Rivian's Factory Will Run On Its Own Used EV Batteries

Rivian struck a battery recycling deal with Redwood Materials that will see secondhand Rivian batteries turned into stationary energy storage.

InsideEVs

E-Waste Crisis in 2025: How Companies Are Tackling Tech Recycling and Sustainability Solutions

Electronic waste is surging globally, challenging recycling systems. Tech recycling 2025 and sustainability tech initiatives aim to reduce the e-waste crisis.

International Business Times

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Tesla cofounder leads U.S. ‘urban mines’ to compete with China in battery recycling, critical minerals

Redwood Materials is building up the nation's battery recycling capabilities from coast to coast.

Fortune

Tesla Faces A Reality Check Amid Musk’s $1 Trillion Raise Request

We also discuss Lucid’s third-quarter earnings and Redwood Materials’ new plant in South Carolina.

InsideEVs

Tesla Co-Founder JB Straubel's Redwood Materials Secures $350 Million In Latest Funding Round

Redwood Materials, a battery recycling and energy storage startup based in Nevada, founded by JB Straubel, a Tesla Inc. (NASDAQ:TSLA) co-founder, raised over $350 million in its latest funding round. The company had previously raised $1 billion in Series D funding and is also backed by Nvidia Corp. (NASDAQ:NVDA).

Benzinga

General Motors Has Big Plans For Your Old EV Battery

GM and Redwood solve one of the biggest EV sustainability challenges by repurposing old batteries for energy storage instead of sending them to the landfill.

InsideEVs

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100,000 EVs Will Retire This Year. What Will Happen To Their Batteries?

The second-life EV battery market is on the cusp of explosive growth thanks to companies such as Redwood Materials.

InsideEVs

2,000-GPU data center launches powered exclusively by reusable batteries — 12-megawatt storage system built on hundreds of repurposed EV batteries

Redwood Materials repurposed old EV batteries as power storage for a 2,000-GPU data center running solely off renewable energy.

Tom’s Hardware

Europe Is In EV Freakout Mode

Today on Critical Materials: Europe enters freakout mode over ICE ban, Italy fears it's "self-destructive," and BMW and Redwood team up to recycle batteries

InsideEVs

To Win Nevada, Harris Must Turn Infrastructure Jobs Into Votes

Reno’s building trades unions are mobilizing their members to support the Democratic nominee.

Capital & Main

Toyota To Recycle Batteries From Old Hybrids For Use In New Cars

The battery of your first-gen Prius could end up in a, say, new Camry.

Motor1

Tesla's organizational structure: Elon Musk's top executives

All the top executives that Musk has installed at his EV pioneer.

Fortune

Redwood Materials Raises $1B To Boost Its US Battery Recycling Efforts

The funds are in addition to the nearly $1 billion of previously raised equity capital and a $2 billion loan commitment from the Department of Energy.

InsideEVs

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Zenger

Key Tesla Roadster Engineer Musk Loses To EV Startup Started By Ex-Colleague

Tesla Inc‘s key engineering figures, Colin Campbell, is bidding farewell to the electric vehicle giant after 17 years of service

The Independent UK

Nevada considers $190 million in annual tax credits to bring Sony, film industry to Las Vegas

A bipartisan group of Nevada lawmakers has introduced a bill that would give massive tax credits to expand film production in southern Nevada

InsideEVs

Rad Power Is Working With Redwood Materials To Recycle E-Bike Batteries

North American e-bike specialist Rad Power Bikes has teamed up with Redwood Materials to recycle e-bike batteries.

InsideEVs

Tesla's Former CTO JB Straubel Nominated For EV Maker's Board

Tesla is holding its annual shareholder meeting on May 16, and a handful of proposals are up for investor consideration. Will Straubel make the Tesla Board?

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InsideEVs

JB Straubel's Redwood Materials Secures $2 Billion DOE Loan

The DOE’s Advanced Technology Vehicles Manufacturing Loan Program has been virtually inactive for years, but now it's doing its part for the future of EVs.

The Independent UK

Battery recycling firm wins $2B loan from Energy Department

A Nevada company that recycles batteries for electric vehicles has won a $2 billion green energy loan from the Biden administration

InsideEVs

Tesla Co-Founder JB Straubel Offers Insight On Battery Recycling

In a recent interview for MIT Technology Review, JB offers some new insights into the massive challenge of building a circular economy, and why we can’t wait.

Inverse

5 pivotal moments that changed EVs in 2022

From the smashing success of Ford’s electric F-150 Lightning to Tesla’s Full Self-Driving woes, 2022 was the year when things got real for electric cars.

InsideEVs

Redwood Materials To Invest $3.5 Billion On Battery Materials Factory

In addition to simply recycling batteries, Redwood Materials has big plans that should help immensely when it comes to the future of EVs.

Benzinga

Benzinga Before The Bell: Walmart's Outlook Cut, Apple's Self Driving Car Dreams, Coinbase's SEC Investigation And Other Top Financial Stories Tuesday, July 26

CNBC

InsideEVs

Redwood Materials To Recycle All Batteries From VW, Audi EVs In USA

The company headed by Tesla co-founder JB Straubel will work directly with VW Group's 1,000 US dealers to identify end-of-life batteries and materials.

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