JB Straubel, a Tesla co-founder, launched Redwood Materials, a company revolutionizing electric vehicle battery recycling.
This innovative business model is poised to generate a remarkable $200 million in revenue within the current year.
Their ambitious plan involves supplying enough recycled battery materials for a staggering one million electric vehicles annually.
By reclaiming valuable resources from used batteries, Redwood Materials is promoting sustainable practices and lessening the environmental impact of the EV industry.
