Leading the Future: Driving Green Mobility with a Circular Battery Supply Chain

Countries around the world are vigorously developing electric vehicles as a substitute for fossil fuel-powered vehicles to achieve net-zero carbon emissions goals. The recycling of electric vehicle batteries is one of the key focal points for the future development of the industry.

There are two main controversies over whether electric vehicles are more environmentally friendly than fossil fuel vehicles:
(1) The extraction and refining process of rare metals for battery raw materials involves high pollution.
(2) Battery recycling technology is still developing, and its efficiency and completeness remain uncertain.

Redwood aims to create a circular supply chain for batteries, extracting reusable materials through recycling technology to achieve resource circulation. This will not only reduce pollution from raw material extraction and refining but also contribute to the formation of local battery material industry chains and lower transportation-related carbon emissions (currently, most battery components are produced in Asia).

Circular Strategy Processing and regeneration: Electric Vehicle Manufacturers: Redwood collaborates with Toyota, Volvo, Ford, Volkswagen, and Audi to recycle batteries that are due for replacement or to launch battery recycling programs for electric vehicle owners.

Automobile Dealers and Dismantling Yards: Redwood has established a base in California, USA, working with local car dealers and dismantling yards to obtain discarded batteries from manufacturers or to acquire recycling processing technology and resources.

Cross-Industry Cooperation: As one of Redwood’s investors, Amazon provides recycling for electric vehicle batteries and e-waste from other business sectors.

Consumer Electronics: Redwood also recycles batteries from consumer electronics (such as mobile phone batteries, laptops, and power tools) for the general public.

Recycled Materials: The processed regenerated lithium metal is supplied to lithium battery manufacturers like Panasonic and AESC Envision.

Benefits According to Redwood’s official statement, current technology has achieved an average metal raw material recovery rate of 95%. It is estimated that by 2025 and beyond, it will be possible to produce enough anodes and cathodes for 1 million electric vehicles annually; by 2030, this capacity is expected to increase to 5 million vehicles.

Reference: Circular Taiwan Foundation (2023, July). Creating a Circular Supply Chain for Electric Vehicle Batteries – Harvest Academy. Retrieved from: https://circular-taiwan.org/case/redwood/

Welcome to follow the BIVIS Tech Facebook page:
https://www.facebook.com/profile.php?id=61553427802606

Please follow the BIVIS Tech Instagram account:
https://www.instagram.com/bivis_tech