Panasonic has agreed to purchase cathode materials and copper foil from Redwood Materials for its battery factories in Nevada and Kansas.
located in De Soto, Kansas, starting in 2025 and the recycled copper foil will be used to make batteries at Panasonic’s facility in Sparks, Nevada, starting in 2024.
“Recycling and a localizing supply chain are both essential to make the best use of limited natural resources,” said Kazuo Tadanobu, President and CEO of Panasonic Energy, in a. “Through this partnership with Redwood, Panasonic Energy will be able to use recycled materials in its high quality automotive batteries and contribute to the circular economy.
“I think it’s a bigger deal than is immediately obvious to most people just because no one really sees or is familiar with what a cathode material is or where it goes,” Redwood Materials CEO JB Straubel tellsRight now, Panasonic imports almost all of the cathode material used in the production of battery cells at its plant in Sparks, Nevada. That factory supplies cells to the Tesla Gigafactory next door.
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