About this organization
Organization Name: Redwood Materials
Organization Solution and Services
-
Metals: Motor & Generator Windings, Copper Magnet Wires, Aluminum/Steel/Nickel/Steel/Nickel
- Manufacture
Organization Types:
- Organization Size: Revenue over 100M
- Organization Years In business: 5-10 Years
Revenue: $484.8 million
Organization Information : Founded in 2017 by former Tesla CTO JB Straubel, Redwood Materials is a Nevada-based company focused on building a circular supply chain for lithium-ion batteries. It recycles used batteries and electronics to recover critical materials such as lithium, cobalt, nickel, and copper, achieving recovery rates over 95%. The company operates its flagship facility in northern Nevada and is developing a major campus in South Carolina. With plans to produce 100 GWh of cathode and copper-anode materials annually by 2025, Redwood aims to supply batteries for over one million electric vehicles per year. It partners with companies like Panasonic, Ford, GM, and Amazon.
Other Information: Founded in 2017, Redwood has two Battery Materials Campuses - our Tahoe Campus, located in Northern Nevada, and our Carolina Campus, which we've broken ground on outside of Charleston, South Carolina. Each campus integrates business operations across reuse, recycling, refining, and materials production, with the goal of producing 100 GWh of battery materials annually, enough to produce more than one million electric vehicles.We're a team building technology to accelerate U.S. battery production and power the energy transition.
