JB Straubel’s Redwood launches energy business focused on second-life EV batteries
Teslarati
JUNE 27, 2025
Redwood Materials, the battery recycling firm founded by Tesla co-founder JB Straubel, has launched a new venture called Redwood Energy. The business aims to repurpose used electric vehicle batteries into large-scale, low-cost energy storage systems. That figure is expected to grow to 5 GWh in the coming year.
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