Tesla cofounder’s Redwood just scored a $2B govt loan to make EV batteries

Redwood Materials just got a $2 billion conditional loan from the US Department of Energy to expand its factory near Reno, Nevada, where it will manufacture EV batteries from an increasing amount of recycled content.

more…

The post Tesla cofounder’s Redwood just scored a $2B govt loan to make EV batteries appeared first on Electrek.