JB Straubel’s Redwood launches energy business focused on second-life EV batteries
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. In a post on X, Redwood revealed that it has already deployed a 12 MW, 63 MWh microgrid powered entirely … Read more