Ford partners with Redwood Materials, a battery recycling startup to reuse the raw materials from EV battery packs. The automaker plans to manufacture more electric vehicles like the Mustang Mach E that was launched last year and the upcoming F-150 Lightning pickup truckSecuring a supply of batteries or the materials to make them has prompted the automotive industry to partner with cell manufacturers and increasingly turn to companies like Redwood Materials. The automaker Ford will require a heavy supply of batteries.
The company’s plans for battery electric vehicles calls for at least 240-gigawatt hours of battery cell capacity by 2030, according to the automaker. That is roughly 10 plants’ worth of capacity. Ford has previously said that 140 GWh will be required in North America, with the balance dedicated to other regions, including Europe and China.
This partnership was announced on Wednesday the battery recycling company will work with Ford to set up recycling within the automaker’s battery production network and then funnel the recovered raw materials back to the manufacturer to be used in batteries. While Ford didn’t provide specific details, that likely means working with its battery cell supplier SK.