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The Latest Breaking News from Redwood

Tesla cofounder JB Straubel’s failed pitch to Elon Musk led to a $1.3 trillion success story

JB Straubel was the architect of Tesla’s core tech, but his first pitch to Elon Musk fell flat.

Fortune

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

From analysis to the latest developments in health,
read the most diverse news in one place.

Used electric vehicle batteries find new life bolstering the Texas grid

A company is repurposing the batteries to store electricity and sell it to the grid when power from wind and solar dwindles.

The Texas Tribune

Chuck Negron obituary

Singer with a powerful four-octave range whose hits with Three Dog Night included Joy to the World

The Guardian - UK

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

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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

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

Reading misery under Dai Yongge finally over as takeover completed for League One club

Reading’s nightmarish era under Dai Yongge has finally come to an end

The Independent UK

As plumbers and other trades take off, this PE-backed firm sees deals for 'life-changing generational wealth'

"Sometimes I'll literally say, 'I make millionaires for a living,'" Redwood Services founder and CEO Richard Lewis said.

Fortune

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

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news in one place.

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Evening Standard

Anthony Joshua vs Daniel Dubois: where to watch the boxing in London

Two of Britain’s top boxers meet professionally for the first time as Joshua challenges for the IBF World Heavyweight belt

Guitar World

“Delivers a stunning sound with bags of sustain and a complex tonal profile”: Sheeran by Lowden W05 review

Ed Sheeran's collaboration with Lowden brings us a comfortable acoustic guitar made in Northern Ireland

StockNews.com

A Closer Look at Ford (F) and Toyota (TM) – Time to Buy, Hold, or Sell?

Auto sales are projected to rebound in the upcoming quarters with reduced inflation, better inventory and enhanced supply chain. Considering this, is it wise to invest in Toyota Motor Corporation (TM) and Ford Motor Company (F) now? Keep reading….

Motor1

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.

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news in one place.

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InsideEVs

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

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

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

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.

Liverpool Echo

The Northern Agenda: The jobs bonanza under the sea

But is the Government doing enough to make the most of carbon capture and storage?

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.

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