Ford Motor Company is teaming up with Redwood Materials to make electric vehicles (EVs) more sustainable with closed-loop battery recycling.
The two companies envision collaboratively working on how to best tackle collecting and disassembling end-of-life batteries from Ford’s EVs for recycling and remanufacturing to aid in the reduction of cost associated with battery repairs and raw materials to manufacture all-new batteries.
“Ford is making electric vehicles more accessible and affordable through products like the all-electric F-150 Lightning, Mustang Mach-E and E-Transit, and much more to come,” Jim Farley, Ford president and CEO, told Ford Media Center. “Our partnership with Redwood Materials will be critical to our plan to build electric vehicles at scale in America, at the lowest possible cost and with a zero-waste approach.”
Redwood Materials is a leading battery materials company striving to help Ford produce affordable and sustainable electric vehicles. The company’s recycling technology can recover over 95% of the elements like nickel, cobalt, lithium and copper, according to Ford Media Center.
Ford and Redwood Materials plan to localize the currently complex supply chain network, creating recycling options for end-of-life vehicles, increasing lithium-ion recycling and augmenting U.S. battery production.
Ford has invested $50 million into Redwood Materials to help expand the company’s manufacturing footprint.
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