Tesla Co-Founder Aims To Build World’s Top Battery Recycler

Established in early 2017, Redwood this year will recycle more than 1 gigawatt-hours’ worth of battery scrap materials from the gigafactory — enough to power more than 10,000 Tesla cars. That is a fraction of the half-million vehicles Tesla expects to build this year. At the company’s Battery Day in late September, Chief Executive Elon Musk said he was looking at recycling batteries to supplement the supply of raw materials from mining as Tesla escalates vehicle production. […] Straubel’s broader plan is to dramatically reduce mining of raw materials such as nickel, copper and cobalt over several decades by building out a circular or “closed loop” supply chain that recycles and recirculates materials retrieved from end-of-life vehicle and grid storage batteries and from cells scrapped during manufacturing.

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