Redwood Materials announces $3.5 billion EV battery recycling plant in South Carolina

Dec 14 2022 by The Verge

 
Redwood Materials is locating its new EV battery recycling facility in the “heart of the ‘Battery Belt’”. | Image: Redwood Materials

Redwood Materials, the battery recycling company founded by a former Tesla executive, announced today that it will build a massive $3.5 billion facility in South Carolina.

The 600-acre plant, which will be located just outside Charleston “in the heart of the ‘Battery Belt,’” will employ approximately 1,500 people over 10 years and will...

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