According to Inside EVs, in late 2019 Panasonic began a trial with Redwood Materials to reclaim more than 400 pounds of the scrap from it battery manufacturing process at the Gigafactory and has now increased that to 2 tons. Sign up for free newsletters and get more CNBC delivered to your inbox. Written by: Charles Morris; Sources: Wall Street Journal, Teslarati, Green Car Reports, Electrek, BMW Group To Take EV Battery Recycling Rate To 96%, Battery Recycling Can Play A Major Role In Keeping EVs Competitive And Clean, Tesla Co-Founder JB Straubel Discusses The Future Of Battery Recycling, https://insideevs.com/features/441524/tesla-jb-straubel-future-battery-recycling/, new processing center at the Nevada Gigafactory, Lucid Reveals Base Air Sedan Range, Pricing: Gets All Up In Tesla's Kitchen, Tesla Model 3: Here's How The Range Changes In Hot And Cold Weather, Tesla Model 3 With 4680 Pack: Estimated Charging Time, Power, And Size, The VW ID.3 Is Not About Pioneering Technology: It's About Scale, Volkswagen ID.5 / ID.4 Coupe Spotted Testing With Faux Kia Grille. You may opt-out by, EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, posted a bigger-than-expected second-quarter loss. Data is a real-time snapshot *Data is delayed at least 15 minutes. "Mr. Straubel, Tesla’s longtime chief technology officer, pioneered the lithium-ion battery powertrain design that helped propel the Silicon Valley company to what is now the highest valuation in the car industry. From an economic perspective, we expect to recognize significant savings over the long term, as the costs associated with large-scale battery material recovery and recycling will be far lower than purchasing and transporting new materials.”. "Mr. Straubel’s company, Redwood Materials, is taking a different tack, quietly aiming to build the biggest car battery-recycling operation in the US", "We need to really appreciate that we need to build a Gigafactory in reverse,” says Straubel. Straubel is also the founder of a recycling company called Redwood Materials with offices near Tesla's Gigafactory in Nevada and car plant in Fremont. Tesla co-founder JB Straubel’s new startup is starting to emerge from stealth mode and it is already recycling scrap from Gigafactory Nevada – albeit not with Tesla. But with a gigawatt hours worth of batteries currently being processed annually, Redwood Materials still needs to rapidly ramp up its recycling operations if it is to reach its goals. You can follow him on Twitter but not on any social media platforms run by evil overlords like Facebook. However, Battery Day is coming up, and we expect to be enlightened about several matters that Elon Musk and others have been hinting at over the last couple of years. Can non-Tesla electric cars use Tesla EV chargers? In a recent interview with the Wall Street Journal, Straubel said raw materials constitute as much as 75% of the total cost lithium ion batteries. “We are determined to be an environmentally conscious company and to minimize the impact that the manufacture and use of industrial batteries can have on our environment.”, “Renewance is excited to partner with KORE Power on battery recycling projects,” adds Dave Mauer, vice president of sales at Renewance. Follow @CNBCtech on Twitter for the latest tech industry news. Contact us here. It has been a long time since Tesla co-founder JB Straubel gave us an update on his plans to recycle batteries. Jeffrey Brian ("J. In its early days the biggest cost of the batteries lay in the complex processes to assemble them. Wright left in 2004, Eberhard, Tesla’s first CEO, departed in 2007, followed by Tarpenning in 2008. JB Straubel, one of the co-founder of electric car pioneer Tesla and its former technology chief, says he wants his new company Redwood Materials to become the world’s top battery recycling company, as well as a leader in battery materials. As noted by Tesla investor-enthusiast Galileo Russell of YouTube’s HyperChange channel, JB Straubel just so happens to have a startup that appears to … B.") Input your search keywords and press Enter. Dozens of Tesla patents credit Straubel as an inventor. It also has plans to assist Amazon in recycling both li-ion batteries from its planned fleet of electric delivery vehicles, as well as e-waste and other components. JB Straubel, formerly the chief technology officer for Tesla, is now the head of a new company called Redwood Materials whose principal business … Want to publish a press release on CleanTechnica? With talk about new batteries from Tesla having a service life of a million miles or more, recycling may not be as critical now as it will be in the future. “While fossil fuels are extracted and used once, the materials in a lithium-ion battery are recyclable,” Tesla reported in its 2019 Impact Report. JB Straubel, whose full name is Jeffrey Brian Straubel, is an American businessman and ex-CTO of the Tesla Inc. “This is something that is a major industry and a major problem, and it’s a big part of why I want to spend my time on it,” Straubel said, as reported by Tech Crunch. Click on Contact at the top of the page. While the original concept for Tesla wasn’t Musk’s (or Straubel’s), his funding brought the company to life in 2004. He also worked to refine and improve those and other components for the company’s subsequent vehicles, from Model S through the X, 3 and Model Y that goes into production this year. Moores foresees the following amounts of raw materials being recaptured annually by 2025: He says those materials could have a market value of up to $1.5 billion, depending on commodities prices, which tend to fluctuate substantially over time. He was CTO till 2019, and later, he moved toward the advisory role in 2019. The opinions expressed therein are not necessarily our own at InsideEVs, nor have we been paid by EVANNEX to publish these articles. Musk wedged in the Straubel news awkwardly amid an earnings call late Wednesday, after the company posted a bigger-than-expected second-quarter loss–despite selling a record number of high-powered electric sedans and crossovers during the period. This article comes to us courtesy of EVANNEX, which makes and sells aftermarket Tesla accessories. It's reported that "in his first fundraising round this year, he raised around $40 million from investors led by Capricorn Investment Group and Breakthrough Energy Ventures, an environmental investment fund that includes Amazon founder Jeff Bezos and Microsoft co-founder Bill Gates. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Celina Mikolajczak,VP of battery technology at Panasonic Energy in the US noted how vital it is that minerals are recycled to be able to make more batteries more quickly. (Story updated to to reflect revised net worth estimate in final paragraph.). Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries. Tesla says its new processing center at the Nevada Gigafactory recovers lithium, cobalt, aluminum, copper, and steel from used batteries. He predicts that by 2025 manufacturers could be making up to 800 GWh of batteries annually. Tesla's Chief Technology Officer JB Straubel is leaving his post to become an advisor to the carmaker, CEO Elon Musk said on the company's second-quarter earnings call on Thursday. Shortly after Musk made his initial fortune from the sale of PayPal, for which he’s also credited as a cofounder, he connected with Straubel at a 2003 Stanford lecture and a subsequent lunch. Straubel has promoted recycling in … Posted on EVANNEX on August 29, 2020 by Charles Morris. The company announced weaker-than-expected revenue and a wider-than-expected loss, sending the shares down 10% in extended trading. JB Straubel was an early founding member of Tesla and the company … Sign up for our free daily newsletter or weekly newsletter to never miss a story. The announced departure follows Tesla's disappointing earnings report. "[Panasonic] late last year began a trial with Redwood to reclaim more than 400 pounds of the scrap it generates in making battery cells and now has upped that to 2 tons. Straubel, who served as CTO for Tesla until July 2019, founded Redwood in 2017 and it has since established major partnerships with Panasonic and Amazon, and in September became one of a handful of companies to receive part of a $US2 billion Climate Pledge from the retail giant. Advertise with CleanTechnica to get your company in front of millions of monthly readers. “This is a chance to change that whole equation and to realize material cost savings in a way that short-circuits that industry.”. Redwood … In June, Felicia Mayo, the vice president of human resources and head of diversity, left Tesla. The new company is located in northern Nevada near the Tesla Gigafactory but is not currently doing business with Tesla, according to Teslarati. by Steve Hanley. KORE Power, based in Coeur d’Alene, Idaho, concentrates on building grid-scale battery storage facilities for the utility industry as well as other industrial and military applications. Bridie Schmidt is lead reporter for The Driven, sister site of Renew Economy. He also oversaw power electronics, motors, software, firmware and controls, among other responsibilities at Tesla over the course of his tenure there. Steve McManus, who was a vice president in charge of engineering for car interiors and exteriors at Tesla, this week joined Apple. Despite what the flat-earthers say, recycling lithium-ion batteries is not only feasible, but potentially profitable. In addition, it’s just the right thing to do. “His process looks like it’s way more sustainable from an environmental perspective,” said Celina Mikolajczak, a Vice President of Panasonic Energy of North America and a former Tesla battery expert who advised on battery issues for the original Roadster. So the discussion about is this waste ending up in landfills is not correct. JB also has responsibility for new technology evaluation, R&D, technical diligence review of key vendors and partners, IP, and systems validation testing.

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