Alejandro de la Garza of Time writes about Redwood Materials.
- Tesla co-founder JB Straubel has started a new venture called Redwood Materials.
- Redwood processes, recycles, and repurposes old batteries that can then be used for clean energy projects and electric vehicles.
- In its first year Redwood Materials processed over 10,000 pounds of materials from old electronics and batteries.
- Private sector innovators such as Straubel are leading the way to a cleaner future.
“Straubel’s day job has attracted a lot of attention: he’s trying to head off a looming shortage of materials that the world needs to transition away from fossil fuels. Institutional investors last year signed over $775 million for his new venture, Redwood Materials, and in April the U.S. Senate called Straubel to give expert testimony on resources needed for the energy transition.”
Read the full article here.
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