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Summary The year 2019 brought along a massive increase in the sales of electric vehicles EVs. E $7.99   Add to cart
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Summary The year 2019 brought along a massive increase in the sales of electric vehicles EVs. E
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The year 2019 brought along a massive increase in the sales of electric vehicles EVsThe year 2019 brought along a massive increase in the sales of electric vehicles EVs. EV sales exceeded 2.1 million units globally (Source: IEA Global EV Outlook 2020) and shows a continued growth pattern into...

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  • October 13, 2024
  • 3
  • 2024/2025
  • Summary

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  • in the future
  • the year 2019 brought along a massive increase in
  • basically all the lithium used to make new batter
  • there exists another important source for lithium
  • jb straubel while tesla is known for

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The year 2019 brought along a massive increase in the sales of electric vehicles

EVs. EV sales exceeded 2.1 million units globally (Source: IEA Global EV

Outlook 2020) and shows a continued growth pattern into the year 2020. A

typical EV battery weighs about 400 kg and has about 10 kg of lithium in it.

Lithium currently sells for $9/kg on the global commodity market. At present,

basically all the lithium used to make new batteries comes from lithium mines

with Australia and Chile having the largest production volumes. But, in the

future, there exists another important source for lithium and that is recycling.

Redwood Materials is a start-up created by Tesla's cofounder and former chief

technology officer, JB Straubel. While Tesla is known for making batteries, the

focus of Redwood Materials is to recycle these batteries. Since the expected

lifetime for an EV (and its batteries) is about 10 to 15 years, Straubel and his

team estimate that within two decades, many millions of tons of lithium ion

battery materials will reach the end of their useful lives. His vision is to reuse

these battery cells (or at least the materials of the cells, such as the lithium) to




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