Battery recycling will probably be crucial to extra EVs
As Redwood waits for the required portions of end-of-life batteries from EVs to extend, waste from the battery-manufacturing course of and batteries from business and client electronics are key sources of fabric, mentioned Alexis Georgeson, Redwood’s vp of communications and authorities relations.
Redwood has the capability to course of about 20,000 tons of battery materials a yr throughout a number of amenities in northern Nevada. The corporate needs to triple that footprint within the close to time period.
Not like Li-Cycle, which intends to provide producers of battery cathodes and anodes with recycled supplies, Redwood plans to supply these elements internally.
“Our total imaginative and prescient is to actually create a very round provide chain right here [in North America], localize this whole sort of convoluted, 50,000-plus-mile provide chain of battery supplies,” Georgeson mentioned.
Localizing and integrating the totally different steps will assist drive down cathode and anode prices, which right this moment account for about 65 p.c of battery-cell value tags, she mentioned.
Having struck partnerships with corporations equivalent to Panasonic, Envision AESC and Ford Motor Co., Redwood is now scaling up its recycling capability and mapping out plans for a cathode manufacturing plant anticipated to open in 2025.
Li-Cycle has put collectively comparable partnerships. Amongst different offers, it signed a recycling settlement final yr with Ultium Cells, the Common Motors and LG Power Resolution three way partnership.
In January, Li-Cycle detailed plans to co-locate a recycling facility with a 15,000-ton annual capability at GM’s new battery plant in Warren, Ohio, simplifying the logistics and decreasing prices. Johnston mentioned for each ton of batteries constructed, 100 to 220 kilos of battery materials finally ends up as waste.