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Redwood Materials already recovers 95% so why is this news?

• bell-cot 3mo ago
  I could speculate about Redwood's tech being more expensive in other ways, or Japan having "not invented here" issues. But it sounds like 90% vs 95% is academic in today's Japan: > In Japan's case, though, the biggest bottleneck right now isn't the technology. It's actually getting dead batteries to recyclers in the first place. Only about 14% of end-of-life lithium-ion batteries in the country currently make it through official collection channels. Many retired EVs actually end up getting exported, making those valuable metals inaccessible. Solving this problem is now more important than ever.