Part 6/9:
Despite the daunting challenges, a growing number of innovative companies are pioneering solutions to battery recycling. For instance, in 2018, Tesla CTO JB Straubel launched Redwood Materials, a company dedicated to extracting metals from factory scrap and used electronics. Redwood Materials has made significant strides in creating a cost-effective solution for battery recycling, capable of producing enough materials for battery packs to power 45,000 electric vehicles annually.