Volkswagen, Audi tap Redwood Materials to recycle old EV batteries in US

Volkswagen of America and Audi have locked in a resurrection plan for old battery packs from its growing slate of EVs. The two VW Group brands have contracted with startup Redwood Materials to recover and recycle end-of-life EV battery packs from its 1,000-dealership...

Battery recycling could be the next investor darling of the EV era

Automakers and suppliers, keen to fortify an EV supply chain and avoid raw materials shortages, are turning to a domain once overlooked: battery recycling. Suddenly awash in interest from EV makers and venture firms, the sector has seen a spate of partnerships and...

Volkswagen breaks ground on first of six battery factories

Volkswagen Group broke ground Thursday at the first of six battery factories it expects to build in Europe, the official kickoff of a new battery business that will invest $20 billion through 2030 to become a global EV leader. Volkswagen’s new company, called PowerCo,...

Volkswagen breaks ground on first of six battery factories

Volkswagen Group broke ground Thursday at the first of six battery factories it expects to build in Europe, the official kickoff of a new battery business that will invest $20 billion through 2030 to become a global EV leader. Volkswagen’s new company, called PowerCo,...

Redwood Materials partners with Toyota to recycle batteries in US

Redwood Materials, the lithium-ion battery recycling startup founded by former Tesla CTO JB Straubel, is partnering with Toyota to collect, refurbish and recycle batteries and battery materials that can be sent to the Japanese automaker’s upcoming North Carolina...