US-Based EV Battery Recycling Company Predicts Material For 1M EVs a Year

Last year Redwood Materials announced a new program recycling EV batteries (including partnerships with Ford and Volvo). Now Politico reports that America's Department of Energy tentatively awarded them a $2 billion loan, "which the company says will allow it to produce enough battery materials to enable the production of more than a million electric vehicles a year."The Nevada-based company said it plans to ultimately ramp up to producing 100 gigawatt-hours annually of ultra-thin battery-grade