BMW will recycle old EV batteries with Redwood Materials
BMW of North America struck a deal to recycle lithium-ion batteries from all of its electrified vehicles with Redwood Materials, the companies announced today.
The German automaker said it would instruct its dealers to send old batteries from all of its electrified models, including battery-electric, hybrid, mild hybrid, and plug-in hybrid vehicles from brands like BMW, Mini, and Rolls-Royce, to Redwood for recycling.
Redwood, which was founded by Tesla cofounder and ex-chief technology officer JB Straubel, will handle the end-of-life batteries at its two facilities. One facility is in Reno, Nevada, and the other, which is still under construction, will be in Charleston, South Carolina — somewhat near BMW’s Spartanburg and Woodruff...