Redwood Materials scopes out EU locations for new battery recycling plant
Teslarati
SEPTEMBER 5, 2022
In July, Redwood Materials signed a partnership agreement with Volkswagen Group of America to recycle batteries from VW and Audi electric vehicles. The ongoing Ukraine-Russian war has contributed to rising electricity prices in Germany. Tesla Giga Berlin might benefit from a Redwood Materials battery plant nearby. per MWh ($693.77
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