BASF and SVOLT have entered into an agreement to partner throughout their global operations with regards to cathode active materials (CAM) development, raw materials supply and battery recycling for SVOLT’s battery cells. Both companies will also assess joint upstream resourcing to strengthen the security of raw material supply. BASF has a global manufacturing and R&D… Read more »
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Ford and Redwood Materials to collaborate on battery recycling
Redwood Materials, the battery materials firm founded by Tesla cofounder JB Straubel, has announced a partnership with Ford. The two companies will work together to “create a closed loop for battery recycling and a domestic supply chain for critical battery materials.” Ford also made a strategic investment of $50 million in Redwood. “Excited to work… Read more »
Tesla co-founder JB Straubel’s company to produce battery materials in US
Redwood Materials, the battery recycling venture founded by former Tesla CTO JB Straubel, came out of stealth mode last year, and announced that it is recycling scrap from Panasonic’s battery cell production at Tesla’s Gigafactory Nevada. In July, it raised $700 million in new investment. Now Redwood has dropped a bit of a bombshell: it… Read more »
Tesla says new recycling process recovers 92% of battery materials
Battery recycling will be a critical part of the future e-mobility ecosystem, as Tesla has understood from the beginning. The California carmaker has been working with various firms to recycle its end-of-life battery packs for several years. One of these is Tesla co-founder JB Straubel’s company, Redwood Materials, which is recycling scrap from Panasonic’s battery… Read more »
LG Chem to invest $5.3 billion in battery materials by 2025, aims to rule anode market
LG Chem plans to invest 6 trillion South Korean won ($5.3 billion) in battery materials by 2025, including efforts in anode materials, separation membranes, cathode binders, radiant adhesives and carbon nanotubes. LG Chem’s goal is to grow into the world’s largest comprehensive battery materials company, and to become the world’s number-one supplier of anodes. A… Read more »
United Mineral & Chemical acquires Pred Materials
United Mineral & Chemical (UMC), a supplier of semiconductor materials, has acquired Pred Materials International (PMI), a corporation serving energy storage, structural ceramic and electronic materials markets. PMI joins UMC’s Deposition Products Group in Lyndhurst, New Jersey. Alexandre Leviant, CEO of ICD Group, the parent company of UMC, said, “The acquisition of Pred Materials enhances… Read more »
JB Straubel’s Redwood Materials inks recycling deal with Nissan’s battery supplier
Redwood Materials, the battery recycling venture founded by former Tesla CTO JB Straubel, has signed an agreement to recycle scrap and defective battery cells for Envision AESC, which manufactures batteries for the Nissan LEAF in Smyrna, Tennessee. Recycling batteries is not only environmentally sound, but it may soon become an economic necessity, as demand for… Read more »
Consortium of auto suppliers launches multi-material EV battery casing project
German engineering firm AZL is joining with an international consortium of automotive suppliers to develop a multi-material battery casing. The 8-month product development will start with an international market analysis and a concept study in which different multi-material component concepts and production scenarios will be developed and evaluated with regard to their costs. Finally, a… Read more »
Li-Cycle recovers usable battery-grade materials from shredded Li-ion batteries
Q&A with CEO Ajay Kochhar It’s usually one of the first objections cited by EV naysayers: batteries can’t or won’t be recycled, and they contain hazardous materials that will end up in landfills. In fact, no such sinister scenario is likely—most of the components of Li-ion batteries are valuable, and it’s quite feasible, technically and economically,… Read more »
DOE issues RFI to strengthen critical battery material supply chains
The DOE has issued a request for information (RFI) on challenges and opportunities in the upstream and midstream critical battery material supply chains. “As the demand for critical materials continues to grow, a secure and domestic upstream supply chain becomes vital,” said Assistant Secretary for Energy Efficiency and Renewable Energy Daniel R. Simmons. “Innovation in… Read more »