Volkswagen Group of America is teaming up with Nevada startup Redwood Materials to recycle batteries from VW and Audi electrical autos in the US, the businesses stated.
VW is the most recent carmaker to accomplice with Redwood, which has solid related alliances with Toyota Motor Corp, Ford Motor Co, and Geely Car’s Volvo Vehicles.
In a press release, VW Group of America Chief Govt Scott Keogh stated the recycling partnership with Redwood will “assist us speed up EV adoption in America.”
VW has stated it’s aiming for 55 % of its US gross sales to be totally electrical by 2030.
Redwood additionally has recycling offers with battery makers Panasonic Corp in Nevada and Envision AESC in Tennessee, in addition to Amazon. Ford and Amazon are buyers in Redwood.
Began by Tesla co-founder JB Straubel, Redwood has stated its mission is “to create a home closed-loop battery provide chain” that ultimately may scale back reliance on mining uncooked supplies.
Redwood stated it’s going to work with greater than 1,000 VW and Audi sellers in the US to get better and recycle battery packs at Redwood’s Nevada amenities, together with re-manufacturing battery electrode parts from such supplies as cobalt, nickel, lithium, and copper.
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