This article really struck me.
So they ban ICE and can't make EV's in numbers...what happens? It didn't even talk about the Cobalt produced by child labor in Africa.
Redwood Materials aims to recycle parts for electric vehicle industry
So they ban ICE and can't make EV's in numbers...what happens? It didn't even talk about the Cobalt produced by child labor in Africa.
Redwood Materials aims to recycle parts for electric vehicle industry
- Former Tesla exec JB Straubel is making his mark now with privately-owned Redwood Materials.
- The company is helping find cobalt, lithium, nickel and other minerals and metals used in electric vehicle batteries. Redwood inked its latest deal to recycle scrap and defective battery cells with Envision AESC, which manufactures batteries for the Nissan Leaf.
- "To make the batteries the world needs in ten years, the industry will need 1.5 million tons of lithium, 1.5 million tons of graphite, 1 million tons of battery-grade nickel and 500,000 tons of battery-grade manganese. The world produces less than a third of each of those materials today. New battery materials sources are highly valued and desperately needed," estimates Cairn ERA's Sam Jaffe.
- Redwood's description of its its mission: "We at Redwood are planning ahead to address the problems and opportunities coming when millions of EV’s batteries need an end of life solution and when the electronics piled up in your drawers at home find a new life. We have an appreciation for the incredible scale of materials involved in the transition of the whole world to sustainable energy and we know it is not too early to plan for 'un-manufacturing' the many Gigawatt-hours of batteries being built today."
- The massive disruption in the electric vehicle industry is expected to test investors.