1. Tesla Cofounder’s Battery Recycling Startup Ties Up With Top U.S. E-Waste Processor

    Tesla Cofounder’s Battery Recycling Startup Ties Up With Top U.S. E-Waste Processor

    Redwood Materials, a startup created by Tesla cofounder J.B. Straubel to profitably recycle lithium-ion batteries, is partnering with ERI, North America’s biggest processor of electronic waste, to gain access to thousands of tons of cells it can turn back into valuable raw materials. As part of the new alliance, Carson City, Nevada-based Redwood, which already recycles battery materials from Panasonic and Amazon, is investing an undisclosed amount in privately held ERI and Straubel is joining its board. Initially, Redwood will receive up to 30 tons a week of lithium-ion batteries collected by ERI.

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