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Redwood has been getting a lot of press lately over their potential $2 billion dollar loan (https://www.forbes.com/sites/alanohnsman/2023/02/09/redwood-wins-2-b
by recycledmatt 4y ago
Redwood has been getting a lot of press lately over their potential $2 billion dollar loan (https://www.forbes.com/sites/alanohnsman/2023/02/09/redwood-wins-2-billion-federal-loan-to-scale-up-production-of-battery-materials-for-electric-cars/?sh=2a8e93565dc6 https://www.forbes.com/sites/alanohnsman/2023/02/09/redwood-...), but what shocks me with this is how low volume their process is now. I talk a lot about scale and volume in recycling - but 250NT of material is nothing. Some large car shredders generate that much in fluff/ADC in a day, and there are dozens of them operating around the country.
We recycle about 12 million cars a year in the US - https://en.m.wikipedia.org/wiki/Vehicle_recycling https://en.m.wikipedia.org/wiki/Vehicle_recycling - this is 1,268 cars worth of batteries. We have a long way to go!
- bdcravens 4y agoI think this says a lot about how exaggerated the discussion around EV battery failure rates is. Older Nissan Leafs are still on the road: https://cleantechnica.com/2022/09/21/surprise-nissan-leaf-batteries-last-much-longer-than-expected/ https://cleantechnica.com/2022/09/21/surprise-nissan-leaf-ba...
- toomuchtodo 4y agoNissan’s CEO said the batteries are outliving the cars. Old battery packs are usually repurposed as stationary storage versus being shredded and recycled. Redwood spinning up when the need is low is better than waiting until the need to dispose of packs and for manufacturing feedstock is high.
- recycledmatt 4y agoWhen they talk about Damage Defective Return being under 5% - that is major failures. When it’s not DDR - it’s in the same form it was from the OEM