Redwood Materials
October 21, 2024
Redwood Materials Unicorn News - October 21, 2024
JB Straubel, CEO of Redwood Materials, discusses the progress and challenges in establishing a robust U.S. battery production base, including efforts to increase domestic manufacturing of critical components and the expansion of battery recycling capabilities.
() Introduction
() Building a U.S. Battery Production Base
JB Straubel, CEO of Redwood Materials, has highlighted both the progress and challenges in developing a robust battery production infrastructure in the United States. Straubel noted that a significant portion of domestic cell manufacturing, over 50% and potentially up to 75%, is now based in the U.S. However, he identified a critical gap in the supply chain, particularly in the production of cathode materials, which are still predominantly imported. To address this, Redwood Materials is working on a large cathode project in Nevada, and other companies, such as Tesla, are undertaking similar initiatives in Texas to enhance domestic production capabilities. Straubel also discussed the production of lithium iron phosphate cells, pointing out that while several factories are under construction, none are currently operational in the U.S., indicating a burgeoning but still developing industry. Redwood Materials has significantly expanded its operations, becoming the largest recycler of lithium-ion batteries in the country. This expansion supports their operations across various applications, from electric vehicles to utility-scale batteries, highlighting a concerted effort to strengthen the U.S. battery industry's capabilities and sustainability. Despite existing challenges, these developments reflect substantial efforts to advance the domestic battery production and recycling landscape.
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