Redwood Materials has announced a new partnership with BMW of North America to recycle lithium-ion batteries from electric vehicles (EVs) in the BMW Group, including BMW, MINI, Rolls Royce, and BMW Motorrad.
Redwood will work directly with BMW Group’s extensive network of over 700 locations — including dealerships, distribution centres, and internal facilities, to facilitate the recovery of end-of-life lithium-ion batteries.
Unlike fossil fuels, the critical minerals inside of a battery are infinitely recyclable and are not consumed or lost in their lifetime of usage in the vehicle. According to a recent Stanford University finding, Redwood’s processes have a significantly smaller environmental impact than conventional mining or other recycling technologies, reducing energy by 80%, CO2 emissions by 70%, and water by 80%.
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Filed Under: Technology News