Redwood To Build $3.5B EV Battery Plant In South Carolina | Carscoops carscoops
like Toyota, Volvo, Panasonic and Envision AESC also have a strong foothold in this region, in addition to many other battery manufacturers,” the company says. “South Carolina allows us to meet our partners’ demand while also scaling in the most sustainable and cost-effective way.”
That will be important because the size of the battery supply chain is one of the environmental weaknesses of electric vehicles. Automakers and suppliers in the U.S. currently have to source anode and cathode parts from as much as 50,000 miles away, according to Redwood Materials. That’s not justadvertisement scroll to continue
When it comes to the environmental impact, though, Redwood Materials says that it wants to be a leader. Not only will its operations be 100 percent electric , it will source only zero emissions, clean energy. With that, and its innovative manufacturing process, the company expects that the production of its anodes and cathodes will emit 80 percent less CO2 than traditionally manufacturing.
Redwood plans to break ground on the new South Carolina campus in the first quarter of the coming year. It expects to have its first recycling process up and running by the end of 2023.
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