Volkswagen has partnered with Redwood to recycle their electric vehicle batteries. Previously, Redwood also made a similar agreement with Toyota for the recycling of electric vehicle batteries.
Volkswagen will be the fourth manufacturer to work with Redwood for the recycling of electric vehicle batteries after Toyota, Ford and Volvo.
The collaboration between Redwood and Volkswagen will include recycling electric vehicle batteries from Volkswagen and Audi in the United States.
Volkswagen Group of America CEO Scott Keogh said the partnership with Redwood could help VW accelerate the adoption of electric vehicles in America.
Volkswagen aims to sell electric vehicles for 55 percent of their total US car sales by 2030.
Technically, Redwood will work with more than 1,000 Volkswagen and Audi dealerships in the United States to recycle battery packs for electric vehicles from the German manufacturer.
The partnership is seen as part of Volkswagen’s ambition to become a major player in the growing global electric vehicle industry.
JB Straubel of Redwood said it was on a mission to create a domestic closed-loop battery supply chain. Thus, electric vehicle manufacturers and battery companies can reduce their dependence on mining raw materials.