• Tue. Oct 20th, 2020

Ex-Tesla exec Straubel aims to invent world’s top battery recycler

Ex-Tesla exec Straubel aims to invent world’s top battery recycler
(Reuters) – Tesla co-founder J.B. Straubel desires to invent his startup Redwood Materials into the realm’s top battery recycling firm and one in all the supreme battery supplies companies, he said at a technology convention Wednesday.

FILE PHOTO: An aerial scrutinize of the Tesla Gigafactory cease to Sparks, Nevada, U.S. August 18, 2018. REUTERS/Bob Solid/File Photograph

Straubel aims to leverage two partnerships, one with Panasonic Corp 6752.T, the Jap battery producer that is teamed with Tesla TSLA.O at the Nevada gigafactory, and one presented weeks within the past with e-commerce enormous Amazon AMZN.O.

With production of electrical automobiles and batteries about to blow up, Straubel says his ultimate aim is to “develop a area matter affect on sustainability, at an industrial scale.”

Established in early 2017, Redwood this year will recycle more than 1 gigawatt-hours’ price of battery scrap supplies from the gigafactory — sufficient to energy more than 100 Tesla automobiles.

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