The Latest Breaking News from Redwood

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

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).

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

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

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

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

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….

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

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.