Full-Time
Recycles batteries for domestic material supply
No salary listed
Mid, Senior
McCarran, NV, USA
Redwood Materials focuses on battery recycling and the supply chain for lithium-ion batteries. The company recycles used batteries to produce domestic sources of anode and cathode materials, which are essential for battery production. This process not only reduces costs but also addresses sustainability concerns by minimizing the environmental impact associated with transporting critical metals over long distances. Unlike many competitors who rely on overseas sources for these materials, Redwood Materials provides a local solution for U.S. cell manufacturers, helping them to cut expenses and improve their supply chain sustainability. The goal of Redwood Materials is to support the growing demand for lithium-ion batteries, which is expected to increase significantly by 2030, by creating a more efficient and environmentally friendly supply chain.
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.