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USA has not been the house of a lot of the world’s EV battery or battery part manufacturing. That has been dominated by China. The Inflation Discount Act is altering that. Subsidies for mining EV battery minerals, subsidies for processing these minerals, subsidies for battery cell manufacturing, and subsidies for battery pack manufacturing are combining to focus loads of battery manufacturing in america. Nonetheless, it’s nonetheless a small battery manufacturing market in the mean time and there are gaps in what’s produced.
A kind of gaps is cathode manufacturing. Effectively, the EV battery recycling startup created by Tesla cofounder and former CTO JB Straubel, Redwood Supplies, is able to change that. “Cathode accounts for >50% of a battery cell’s price however in the present day, manufacturing relies totally exterior of North America,” the corporate writes. “Redwood is altering that!” Sure, JB is main once more and initiating EV battery cathode manufacturing in america.
Listed below are extra particulars: “We’re constructing an enormous (Airbus A380 for scale) cathode plant with greater than 1 million EVs/yr of capability at our Nevada Campus. We’re decreasing each the development price and the construct time by formidable and detailed engineering, specializing in modern practices within the plant’s very design and growth.”
Cathode accounts for >50% of a battery cell’s price however in the present day, manufacturing relies totally exterior of North America.
Redwood is altering that!
We’re constructing an enormous (Airbus A380 for scale) cathode plant with greater than 1 million EVs/yr of capability at our Nevada Campus.… pic.twitter.com/0ZftvuR9Rd
— Redwood Supplies (@RedwoodMat) January 23, 2024
Naturally, with its location in Nevada, one has to marvel if these cathodes can be offered straight to Tesla. (Reminder: except for his earlier position at Tesla, JB Straubel is at the moment on Tesla’s board of administrators.)
In any case, irrespective of the place they’re offered, it’s good to see one other phase of the trade forming and rising in america.
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