BMW Partners with Redwood Materials to Recycle EV Batteries in the US
The collaboration aims to create a sustainable, closed-loop supply chain for lithium-ion batteries used in BMW's electric vehicles.
- BMW of North America will send end-of-life lithium-ion batteries from its electrified vehicles to Redwood Materials for recycling.
- Redwood Materials will process these batteries at its facilities in Reno, Nevada, and a new plant under construction in Charleston, South Carolina.
- Recycled materials will be used to produce new batteries, supporting BMW's goal of a circular battery supply chain.
- The partnership includes batteries from BMW's various brands, including Mini, Rolls-Royce, and BMW Motorrad motorcycles.
- Redwood Materials, founded by former Tesla CTO JB Straubel, has similar recycling agreements with other major automakers like Ford, GM, and Toyota.