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FORD, REDWOOD MATERIALS TEAMING UP ON CLOSED-LOOP BATTERY RECYCLING, U.S. SUPPLY CHAIN
Ford and Redwood are collaborating to integrate battery recycling into Ford’s domestic battery strategy. Redwood’s recycling technology can recover, on average, more than 95% of the elements like nickel, cobalt, lithium and copper. These materials can be reused in a closed-loop with Redwood moving to produce anode copper foil and cathode active materials for future battery production. By using locally produced, recycled battery materials, Ford can drive down costs, increase battery materials supply and reduce its reliance on imports and mining of raw materials.
“Ford is making electric vehicles more accessible and affordable through products like the all-electric F-150 Lightning, Mustang Mach-E and E-Transit, and much more to come,” said Jim Farley, Ford president and CEO. “Our partnership with Redwood Materials will be critical to our plan to build electric vehicles at scale in America, at the lowest possible cost and with a zero-waste approach.”
Ford is investing more than $30 billion in electrification through 2025, including the collaboration between Ford and Redwood, which will help deliver on Ford’s plans to localize the battery supply chain.
This builds on Ford’s previously announced plans to scale battery production through multiple BlueOvalSK battery plants in North America starting mid-decade. By building out a domestic, sustainable supply chain with recycled materials, Ford can drive down battery costs and help protect the environment. BlueOvalSK is the U.S. joint venture that Ford and SK Innovation intend to form, subject to definitive agreements, regulatory approvals, and other conditions.
Last week, Redwood announced it will produce strategic battery materials, supplying anode copper foil and cathode active materials to U.S. partners. Redwood plans to transform the lithium-ion battery supply chain by offering large-scale sources of these domestic materials to reduce the cost and environmental footprint of electric vehicle production. The local supply of these two materials is a key part of Ford’s commitment to reduce the environmental impact of battery manufacturing and continue to ramp up electric vehicle production in the U.S.
“We are designing our battery supply chain to create a fully closed-loop lifecycle to drive down the cost of electric vehicles via a reliable U.S. materials supply chain,” said Lisa Drake, Ford’s North America chief operating officer. “This approach will help ensure valuable materials in end-of-life products re-enter the supply chain and do not wind up in landfills, reducing our reliance on the existing commodities supply chain that will be quickly overwhelmed by industry demand.”
Redwood Materials, founded by JB Straubel and based in northern Nevada, is creating a circular supply chain for batteries and helping partners across the electric vehicle and clean energy industries by providing pathways, processes, and technologies to recycle and remanufacture lithium-ion batteries.
“Increasing our nation’s production of batteries and their materials through domestic recycling can serve as a key enabler to improve the environmental footprint of U.S. manufacturing of lithium-ion batteries, decrease cost and, in turn, drive up domestic adoption of electric vehicles,” said Straubel, Redwood Materials CEO. “Redwood and Ford share an understanding that to truly make electric vehicles sustainable and affordable, we need to localize the existing complex and expensive supply chain network, create pathways for end-of-life vehicles, ramp lithium-ion recycling and increase battery production, all here in America.”
Longer-term, Ford and Redwood plan to work together on the best approach to collect and disassemble end-of-life batteries from Ford’s electric vehicles for recycling and remanufacturing to help reduce the cost associated with battery repairs and raw materials to manufacture all-new batteries.
“Our work with Redwood will, by design, help ensure the infrastructure is in place to cost-effectively recycle end-of-life Ford batteries to create a robust domestic materials stream and drive down the cost of electric vehicles,” Drake said.
Ford to support Redwood Materials expansion
To further advance these business opportunities between the companies, Ford invested $50 million into Redwood Materials to help the company expand its footprint in the U.S.
MORE: Redwood Materials and Ford Motor Company Announce Strategic Relationship
About Redwood Materials
Redwood Materials is inventing sustainable materials to build the world by creating circular supply chains, turning waste into profit and solving the environmental impacts of new products before they happen. Founded by JB Straubel, the Nevada-based company is working to transform the lithium-ion battery supply chain by offering large-scale sources of domestic anode and cathode materials produced from recycled batteries, creating a fully-closed loop that will drive down the costs and environmental footprint of electric vehicles. More information available at redwoodmaterials.com.
https://media.ford.com/content/ford...ford-redwood-materials-battery-recycling.html
https://www.redwoodmaterials.com/pr...motor-company-announce-strategic-relationship
Redwood’s mission is to create a circular supply chain for batteries and help partners across the electric vehicle and clean energy industries with pathways, processes, and technologies to recycle and remanufacture lithium-ion batteries. Today we announce that we'll be working with Ford Motor Company to create a closed loop for battery recycling and a domestic supply chain for critical battery materials.
Redwood's existing partnerships span a broad range; from working with battery manufacturers to recycle production scrap to teaming up with automakers to process end of life EVs, and soon, to supplying anode and cathode materials back to the US supply chain. Our relationship with Ford will look at how we can uniquely span the entire battery lifecycle.
It’s been incredible to see the tide change as so many automakers commit to a fully electric future. However, we need to plan far ahead for the increased demand of materials that this transition will create. We also must manage supply chain risks carefully around lithium-ion batteries or we risk a repeat of the semiconductor production shortages causing chaos in the world today.
Additionally, we need to start planning now for the end-of-life of batteries as we ramp up to build millions of EVs that can’t be disposed of safely without a robust recycling solution. The exciting side of this problem is that the critical materials inside of a battery are essentially infinitely recyclable. Unlike gasoline, the materials are not consumed or lost in their lifetime of usage in the vehicle.
Creating a robust closed-loop battery industry solves both the environmental challenges at end of life and unlocks a huge new source of raw materials to help reduce supply chain materials shortages and pressure for increased mining.
While few automakers are thinking far ahead, Ford stands apart in their long-term strategic understanding that these complex issues present an incredible opportunity. Redwood and Ford share an understanding that to truly make electric vehicles sustainable and affordable, we need to localize the existing complex and expensive supply chain network, create pathways for end-of-life vehicles, ramp lithium-ion recycling and increase battery production, all right here in America.
The Ford and Redwood vision begins with incorporating battery recycling into Ford’s American battery production strategy, integrating recycled battery materials, both scrap from battery production and batteries at the end of their useful life, into the battery supply chain to drive down costs, environmental footprint and secure a critical battery material supply that Ford will need to continue to ramp their electric vehicle production.
But recycling is just the first step in creating a circular supply chain. We’ll be collaborating to determine how, together, we can create pathways for consumer vehicles to come off the road at the end of their life and be recycled and manufactured into battery materials to make more Ford electric vehicles.
Last week, Redwood announced plans to produce anode foils and cathode materials domestically and our intentions to ramp to 100 GWh of cathode material, enough for one million electric vehicles by 2025. As part of this relationship, we’re discussing how Redwood could supply Ford’s American battery facilities to ensure a steady, domestic source of sustainable battery materials to fuel the production of Ford electric vehicles.
To further advance these business opportunities between the companies, Ford has invested $50 million in Redwood to help us expand our manufacturing footprint.
Increasing our nation’s production of batteries and their materials through domestic recycling will serve as a key enabler to decrease the environmental footprint of U.S. manufacturing of lithium-ion batteries, decrease cost and drive-up domestic adoption of electric vehicles. The domestic production of batteries and their materials will help to secure our nation’s battery supply and usher in a new era of sustainable manufacturing in America. We’re excited to build the future of electric vehicle manufacturing with America’s original automaker.
- Ford Motor Company and Redwood Materials, a leading battery materials company, are collaborating to make electric vehicles more sustainable and affordable for Americans by localizing the complex supply chain network, creating recycling options for end-of-life vehicles, ramping lithium-ion recycling and increasing U.S. battery production
- Closing the loop ensures valuable materials that are used in battery production are recycled to be used again to drive down costs and reduce reliance on imports and mining of raw materials
- Creating a U.S. circular supply chain is a major step toward making battery electric vehicles sustainable, accessible and affordable for more Americans
- As part of Ford’s plan to invest more than $30 billion in electrification through 2025 and to further advance their joint business opportunities, Ford has invested $50 million in Redwood to help expand Redwood’s manufacturing footprint.
Ford and Redwood are collaborating to integrate battery recycling into Ford’s domestic battery strategy. Redwood’s recycling technology can recover, on average, more than 95% of the elements like nickel, cobalt, lithium and copper. These materials can be reused in a closed-loop with Redwood moving to produce anode copper foil and cathode active materials for future battery production. By using locally produced, recycled battery materials, Ford can drive down costs, increase battery materials supply and reduce its reliance on imports and mining of raw materials.
“Ford is making electric vehicles more accessible and affordable through products like the all-electric F-150 Lightning, Mustang Mach-E and E-Transit, and much more to come,” said Jim Farley, Ford president and CEO. “Our partnership with Redwood Materials will be critical to our plan to build electric vehicles at scale in America, at the lowest possible cost and with a zero-waste approach.”
Ford is investing more than $30 billion in electrification through 2025, including the collaboration between Ford and Redwood, which will help deliver on Ford’s plans to localize the battery supply chain.
This builds on Ford’s previously announced plans to scale battery production through multiple BlueOvalSK battery plants in North America starting mid-decade. By building out a domestic, sustainable supply chain with recycled materials, Ford can drive down battery costs and help protect the environment. BlueOvalSK is the U.S. joint venture that Ford and SK Innovation intend to form, subject to definitive agreements, regulatory approvals, and other conditions.
Last week, Redwood announced it will produce strategic battery materials, supplying anode copper foil and cathode active materials to U.S. partners. Redwood plans to transform the lithium-ion battery supply chain by offering large-scale sources of these domestic materials to reduce the cost and environmental footprint of electric vehicle production. The local supply of these two materials is a key part of Ford’s commitment to reduce the environmental impact of battery manufacturing and continue to ramp up electric vehicle production in the U.S.
“We are designing our battery supply chain to create a fully closed-loop lifecycle to drive down the cost of electric vehicles via a reliable U.S. materials supply chain,” said Lisa Drake, Ford’s North America chief operating officer. “This approach will help ensure valuable materials in end-of-life products re-enter the supply chain and do not wind up in landfills, reducing our reliance on the existing commodities supply chain that will be quickly overwhelmed by industry demand.”
Redwood Materials, founded by JB Straubel and based in northern Nevada, is creating a circular supply chain for batteries and helping partners across the electric vehicle and clean energy industries by providing pathways, processes, and technologies to recycle and remanufacture lithium-ion batteries.
“Increasing our nation’s production of batteries and their materials through domestic recycling can serve as a key enabler to improve the environmental footprint of U.S. manufacturing of lithium-ion batteries, decrease cost and, in turn, drive up domestic adoption of electric vehicles,” said Straubel, Redwood Materials CEO. “Redwood and Ford share an understanding that to truly make electric vehicles sustainable and affordable, we need to localize the existing complex and expensive supply chain network, create pathways for end-of-life vehicles, ramp lithium-ion recycling and increase battery production, all here in America.”
Longer-term, Ford and Redwood plan to work together on the best approach to collect and disassemble end-of-life batteries from Ford’s electric vehicles for recycling and remanufacturing to help reduce the cost associated with battery repairs and raw materials to manufacture all-new batteries.
“Our work with Redwood will, by design, help ensure the infrastructure is in place to cost-effectively recycle end-of-life Ford batteries to create a robust domestic materials stream and drive down the cost of electric vehicles,” Drake said.
Ford to support Redwood Materials expansion
To further advance these business opportunities between the companies, Ford invested $50 million into Redwood Materials to help the company expand its footprint in the U.S.
MORE: Redwood Materials and Ford Motor Company Announce Strategic Relationship
About Redwood Materials
Redwood Materials is inventing sustainable materials to build the world by creating circular supply chains, turning waste into profit and solving the environmental impacts of new products before they happen. Founded by JB Straubel, the Nevada-based company is working to transform the lithium-ion battery supply chain by offering large-scale sources of domestic anode and cathode materials produced from recycled batteries, creating a fully-closed loop that will drive down the costs and environmental footprint of electric vehicles. More information available at redwoodmaterials.com.
https://media.ford.com/content/ford...ford-redwood-materials-battery-recycling.html
https://www.redwoodmaterials.com/pr...motor-company-announce-strategic-relationship
Redwood’s mission is to create a circular supply chain for batteries and help partners across the electric vehicle and clean energy industries with pathways, processes, and technologies to recycle and remanufacture lithium-ion batteries. Today we announce that we'll be working with Ford Motor Company to create a closed loop for battery recycling and a domestic supply chain for critical battery materials.
Redwood's existing partnerships span a broad range; from working with battery manufacturers to recycle production scrap to teaming up with automakers to process end of life EVs, and soon, to supplying anode and cathode materials back to the US supply chain. Our relationship with Ford will look at how we can uniquely span the entire battery lifecycle.
It’s been incredible to see the tide change as so many automakers commit to a fully electric future. However, we need to plan far ahead for the increased demand of materials that this transition will create. We also must manage supply chain risks carefully around lithium-ion batteries or we risk a repeat of the semiconductor production shortages causing chaos in the world today.
Additionally, we need to start planning now for the end-of-life of batteries as we ramp up to build millions of EVs that can’t be disposed of safely without a robust recycling solution. The exciting side of this problem is that the critical materials inside of a battery are essentially infinitely recyclable. Unlike gasoline, the materials are not consumed or lost in their lifetime of usage in the vehicle.
Creating a robust closed-loop battery industry solves both the environmental challenges at end of life and unlocks a huge new source of raw materials to help reduce supply chain materials shortages and pressure for increased mining.
While few automakers are thinking far ahead, Ford stands apart in their long-term strategic understanding that these complex issues present an incredible opportunity. Redwood and Ford share an understanding that to truly make electric vehicles sustainable and affordable, we need to localize the existing complex and expensive supply chain network, create pathways for end-of-life vehicles, ramp lithium-ion recycling and increase battery production, all right here in America.
The Ford and Redwood vision begins with incorporating battery recycling into Ford’s American battery production strategy, integrating recycled battery materials, both scrap from battery production and batteries at the end of their useful life, into the battery supply chain to drive down costs, environmental footprint and secure a critical battery material supply that Ford will need to continue to ramp their electric vehicle production.
But recycling is just the first step in creating a circular supply chain. We’ll be collaborating to determine how, together, we can create pathways for consumer vehicles to come off the road at the end of their life and be recycled and manufactured into battery materials to make more Ford electric vehicles.
Last week, Redwood announced plans to produce anode foils and cathode materials domestically and our intentions to ramp to 100 GWh of cathode material, enough for one million electric vehicles by 2025. As part of this relationship, we’re discussing how Redwood could supply Ford’s American battery facilities to ensure a steady, domestic source of sustainable battery materials to fuel the production of Ford electric vehicles.
To further advance these business opportunities between the companies, Ford has invested $50 million in Redwood to help us expand our manufacturing footprint.
Increasing our nation’s production of batteries and their materials through domestic recycling will serve as a key enabler to decrease the environmental footprint of U.S. manufacturing of lithium-ion batteries, decrease cost and drive-up domestic adoption of electric vehicles. The domestic production of batteries and their materials will help to secure our nation’s battery supply and usher in a new era of sustainable manufacturing in America. We’re excited to build the future of electric vehicle manufacturing with America’s original automaker.
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