“Redwood aims to become a leading supplier of recycled metals and materials and estimates it can already recover about 6-gigawatt-hours of used batteries, battery scrap and electronics annually, enough to supply battery packs for 60,000 EVs. Located near Tesla’s massive Gigafactory, where it collects scrap from Panasonic, Redwood has raised about $800 million to expand its operations as demand for EV batteries–and the costly commodities needed to make them–grows.”