AUTOMOBILE

Ford Invested $50 Million in Electric Vehicle Battery Recycling – MotorBiscuit

Ford Motor Company and Redwood Materials are teaming up to recycle electric vehicle batteries. Ford has invested $30 billion in the electric vehicle revolution through 2025. Now, Ford is investing $50 million in Redwood to help ramp up the brand’s manufacturing footprint.

Ford and Redwood Materials are closing the loop on electirc vehicle battery recycling

Ford Is Investing Big in Electric Vehicle Battery Recycling

Redwood Materials and Ford Motor Company announced that they are working together on electric vehicle battery recycling | Ford Motor Company

Ford announced this week that Ford Motor Company and Redwood Materials would be joining forces. Redwood is a battery materials company looking to make electric vehicles more sustainable and affordable. Keeping the process in the U.S. will localize the supply chain and eventually lower the cost of batteries. Also, the new collaboration will be “creating recycling options for end-of-life vehicles, ramping lithium-ion recycling, and increasing U.S. battery production.”


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