Some Weird Things Are Happening And The Grid May Never Be The Same
New battery storage techniques are about to change the cost and availability of renewable energy on the utility grid.
JB Straubel
BMW To Get Battery Recycling Support From JB Straubel’s Redwood Materials
Maybe once upon a time, concern about what happened to EV batteries at end of life was legit. However, it was quickly apparent that the vast majority of an old battery could still be useful if recycled, and that those materials are highly valuable. About 95% (or even more) of … [continued]
Redwood Materials Building Huge Cathode Factory In USA
USA has not been the home of much of the world’s EV battery or battery component production. That has been dominated by China. The Inflation Reduction Act is changing that. Subsidies for mining EV battery minerals, subsidies for processing those minerals, subsidies for battery cell production, and subsidies for battery … [continued]
Redwood Materials Helps To Recycle Kaua’i’s Stationary Energy Storage Systems
In every tech transition, there are innovative leaders who bring the first products and projects to market. While those are cutting edge when they come out, after a few years, they are clearly out of date. The growth and evolution of grid-scale batteries has gotten to the point where it’s … [continued]
Redwood Materials Raises Over $1 Billion
Tesla co-founder and board member JB Straubel started the electric vehicle battery recycling company Redwood Materials in 2017. Now, as the EV industry continues to expand, the recycling company has raised over $1 billion in a new funding round, officially pushing Redwood past a $5 billion valuation. Straubel’s Redwood Materials … [continued]
A not-so-farmiliar household name has assembled $4 billion in private and public funding for EV battery recycling (shown here: proposed South Carolina campus courtesy of Redwood Materials).
$4 Billion For EV Battery Recycling & An Answer To The Question: Whatever Happened To…
A not-so-farmiliar household name has assembled $4 billion in private and public funding for EV battery recycling.
Redwood Materials May Be Worth $5 Billion Already
Battery recycling company and Tesla partner Redwood Materials is currently in discussion to raise as much as $700 million in funding. If all goes according to plan, the funding would put the company’s valuation at nearly $5 billion ahead of the company’s plans to construct a new factory in Nevada — though … [continued]
Tesla Leads Auto World In Operating Margin, Model Y Best Selling Car In World —…
Tesla’s 2023 annual shareholder meeting was a few hours ago. Many of the things presented there were already presented in the company’s Master Plan Part 3, Investor Day presentation, and previous quarterly shareholder conference calls. However, let’s look at a few of the highlights. First of all, as many have … [continued]
Looking Ahead to Tesla’s Annual Shareholder Meeting
Tesla has its next annual shareholder meeting coming up next month, and many investors are already considering what to expect at the event. Held with a limited in-person capacity at Tesla Gigafactory Texas, most will take part online in a public livestream event. The next Tesla shareholder meeting will take … [continued]
Tesla Co-Founder JB Straubel On Racing To Scale Up Battery Recycling
“Now is our only time to really prepare and react,” says Straubel. “The scale of all this is so big that even when we’re running flat out as fast as we can, with all that urgency that you felt and hopefully more, it’ll still take us decades.”
