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Lithium-ion battery recycler ABTC expands operations and capacity with newly purchased facility

Green Car Congress

The demand for domestically produced and sustainably sourced battery metals has grown at a near insatiable rate over recent years, as the domestic manufacturing capacity of lithium-ion batteries has grown exponentially from less than 50 GWh/year to now more than 700 GWh/year of operational and announced capacity.

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Tesla Gigafactory Nevada celebrates 1 million battery pack milestone

Teslarati

Tesla’s Gigafactory Nevada has achieved an incredible milestone. As seen in an image recently shared online, the expansive battery facility has formally produced its 1 millionth battery pack. A picture of Gigafactory Nevada’s 1,000,000th battery was posted on the r/TeslaMotors subreddit.

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Tesla to open NV battery plant for Megapacks using CATL equipment: report

Teslarati

Tesla is reportedly poised to expand its battery production activities in Nevada. To accomplish this, the electric vehicle maker will reportedly launch a new battery manufacturing plant that uses idle equipment from one of its battery suppliers, Contemporary Amperex Technology Co.

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Redwood Materials receives conditional commitment for $2B DOE loan for battery materials campus project

Green Car Congress

Redwood will draw upon this milestone-based financing in tranches that support phased construction and allows the company to unlock funding as it accelerates the construction and expansion of its first battery materials campus. This will provide enough battery materials to produce more than one million electric vehicles a year domestically.

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Renault nears EV battery recycling partnership in ‘advanced’ talks

Teslarati

French automotive manufacturer Renault is reportedly in advanced talks with prospective partners about recycling used electric vehicle (EV) battery metals. ” There are also financial benefits to recycling EV battery metals, as Reuters notes that they account for as much as 70 percent of the cost of an EV battery.

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Tesla co-founder’s battery recycling firm gets a cushy $700M investment round

Teslarati

Redwood Materials, a battery recycling company founded by Tesla co-founder J.B. Redwood’s ultimate goal is to create a “closed-loop supply chain for electric vehicles and energy products, making them truly sustainable and continuing to drive down the costs for batteries,” the company said.

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GM, POSCO Future M announce 2nd phase of CAM production in N America; adding pCAM

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pCAM is a specifically engineered combination of processed raw materials necessary to produce CAM, a key battery material representing about 40% of the cost of a battery cell. sourced and manufactured rare earth materials, alloy and finished magnets. Cell Manufacturing and R&D Dec. EV Components Sept.

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