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Redwood Materials scores a new $2 billion loan to build out battery recycling facility in Nevada

Por: CNBC Tech February 10, 2023

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JB Straubel sits down with CNBC's Phil LeBeau at Redwood Materials.Redwood Materials has attained a $2 billion loan commitment from the Department of Energy, the agency on Thursday via its loan programs office.The battery-recycling startup will use the funding to build and expand its battery recycling facility outside of Reno, Nevada. The facility takes end-of-life electric vehicle batteries and automotive production scrap, processes these,... + full article



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