Full-Time
Confirmed live in the last 24 hours
Recycles batteries for domestic material supply
No salary listed
Mid
McCarran, NV, USA
Redwood Materials focuses on battery recycling and the supply chain for lithium-ion batteries. The company transforms used batteries into valuable materials, specifically anode and cathode components, which are essential for battery production. By recycling batteries, Redwood Materials creates a domestic source for these materials, reducing the need for long-distance transportation and overseas procurement, which can be costly and environmentally harmful. Unlike many competitors, Redwood Materials emphasizes sustainability and cost-effectiveness by providing U.S. cell manufacturers with locally sourced materials. The company's goal is to support the growing demand for lithium-ion batteries, projected to increase significantly by 2030, while minimizing the environmental impact of 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.