Full-Time
Posted on 7/19/2023
Recycles batteries for domestic material supply
No salary listed
Senior
McCarran, NV, USA
Redwood Materials focuses on battery recycling and the supply chain for lithium-ion batteries. The company addresses the need for sustainable battery production by transforming how materials are sourced. Currently, critical metals for battery production travel long distances, which is costly and environmentally harmful. Redwood Materials aims to provide a domestic source of anode and cathode materials made from recycled batteries, which helps U.S. cell manufacturers reduce costs and improve sustainability. Their business model revolves around recycling batteries to create these essential materials, thus minimizing the reliance on overseas suppliers. With the demand for lithium-ion batteries expected to rise significantly, Redwood Materials is positioned to meet this growing need while promoting a more sustainable approach to battery production.
Company Size
501-1,000
Company Stage
Series D
Total Funding
$3.8B
Headquarters
Carson City, Nevada
Founded
2017
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Lime, the largest bike- and scooter-sharing company in the world, announced that it has struck a deal with Redwood Materials to recycle its lithium-ion batteries.
Redwood Materials partners with Isuzu Commercial Truck.
Thompson joins from Redwood Materials, a manufacturing technology company that is creating an electric battery supply chain across America, where he was chief financial officer.
Redwood Materials recently announced its partnership with BMW of North America to recycle lithium-ion batteries.
The Lake Tahoe Electric Transportation Forum is partnering with Redwood Materials and the Nevada BEP to jointly coordinate a Battery Recycling Drop Off Center at the Forum.