--- title: "Tesla battery recycling partner shares update on cathode facility" description: "Redwood Materials, a Tesla battery recycling partner, has announced the completion of construction on its cathode active material (CAM) facility in Sparks, Nevada, the first of its kind in the U.S. Th" type: "news" locale: "en" url: "https://longbridge.com/en/news/212708272.md" published_at: "2024-08-27T22:01:19.000Z" --- # Tesla battery recycling partner shares update on cathode facility > Redwood Materials, a Tesla battery recycling partner, has announced the completion of construction on its cathode active material (CAM) facility in Sparks, Nevada, the first of its kind in the U.S. The facility aims to produce 20 GWh of CAM annually, with plans to expand to 100 GWh for powering 1.3 million electric vehicles per year. The initiative supports the creation of a circular battery supply chain and reduces reliance on foreign material supplies. Redwood Materials also secured a billion-dollar loan from the U.S. Department of Energy for its Nevada expansion. Redwood Materials, the Tesla battery materials recycling partner founded by JB Straubel, has shared a new construction update on its cathode active material (CAM) facility—set to be the first of its kind in the U.S. On Tuesday, Redwood Materials announced that it “topped out” the upcoming CAM facility near Sparks, Nevada, set to become the first commercial supply of CAM in the U.S. The company and Tesla supplier notes that this facility, which is near Gigafactory Nevada, will produce 20 GWh of CAM per year, before the company upgrades the facility to 100 GWh, or enough to power 1.3 million electric vehicles (EVs) per year. > We’ve “topped out” our cathode facility, which will represent the US’ first commercial supply of CAM. This building will produce 20 GWh of CAM annually. Eventually, we’ll 5x it’s footprint to 100 GWh, enough CAM to power 1.3 million EVs annually. pic.twitter.com/v3R8QC93KS > > — Redwood Materials (@RedwoodMat) August 27, 2024 Redwood’s aim is to create a circular EV battery supply chain, taking the metals from used EV batteries from automakers like Tesla, GM, Volkswagen, and others, and recycling it back into usable material for EV batteries. One year into working on end-of-life battery packs, the company announced last March that it had been able to recover roughly 95 percent of used battery materials. The move to produce CAM locally also comes as an essential piece of the domestic battery supply chain, as U.S. automakers aim to reduce their reliance on material supplies from China and other countries. In May, Redwood Materials made it to Time Magazine’s list of the 100 most influential companies in 2024, highlighting the company’s significant early progress on the Nevada campus CAM facility. The company also gained a $2 billion loan from the U.S. Department of Energy for the Nevada expansion, expected to support the construction of the In January, the company also broke ground on a new $3.5 billion battery factory in South Carolina, which will use 100 percent electric operations and will refrain from fossil fuel use in its processes. > Redwood Materials puts the Tesla Cybertruck to work *What are your thoughts? Let me know at zach@teslarati.com, find me on X at @zacharyvisconti, or send your tips to us at tips@teslarati.com.* The post Tesla battery recycling partner shares update on cathode facility appeared first on TESLARATI. ### Related Stocks - [TSLA.US - Tesla](https://longbridge.com/en/quote/TSLA.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 板岩的定價將在六月公佈,“空白板巖” 卡車的價格仍預計在兩萬美元中段範圍內 | Slate Auto,一家電動車初創公司,將在六月公佈其 “Blank Slate” 電動皮卡的定價。該車型預計將成為最實惠的電動車之一,初始目標定價低於 20,000 美元,儘管最近的聯邦激勵措施變化可能會影響這一點。這款卡車具有可定製的 | [Link](https://longbridge.com/en/news/276367534.md) | | 官方 Slate 卡車的定價將在六月底公佈 | Slate Auto 將於六月底公佈其經濟型電動皮卡 “Blank Slate” 的定價。首席執行官 Chris Barman 表示,基礎型號的起售價將在 2 萬美元中段。與其他電動汽車初創公司不同,Slate 的皮卡將不提供選項,允許買家 | [Link](https://longbridge.com/en/news/276389542.md) | | Anthropic 發佈了最新的人工智能聊天機器人,名為 ‘Claude Sonnet 4.6’ | Anthropic 推出了最新的 AI 聊天機器人 “Claude Sonnet 4.6”,這是其在不到兩週內的第二次重大發布。該模型旨在增強用户的計算機使用、編碼和數據處理能力。Claude Sonnet 4.6 將成為免費和付費用户的默 | [Link](https://longbridge.com/en/news/276241471.md) | | 羅伯特·賴克表示,特斯拉沒有支付聯邦所得税,而埃隆·馬斯克的收入可能比美國所有教師的總和多 30 億美元——‘你看出問題了嗎?’ | 特斯拉報告稱在 2025 年沒有支付聯邦所得税,儘管其税前收入達到 57 億美元。前勞動部長羅伯特·賴希強調了這一點,並指出埃隆·馬斯克的潛在收入比所有美國小學教師的總和還要多出 30 億美元。批評者認為這反映了盈利豐厚的公司如何合法地減少 | [Link](https://longbridge.com/en/news/276133290.md) | | 分析 - 美國汽車製造商被捲入特朗普與加州電動汽車之戰的交火中 | 特朗普政府與加利福尼亞州之間關於汽車污染法規的法律鬥爭可能對汽車製造商產生重大財務影響。加利福尼亞州正在挑戰聯邦政府試圖撤銷其設定更嚴格排放標準的權力。如果加利福尼亞州勝訴,汽車製造商可能需要應對相互衝突的聯邦和州法規,這將影響他們的電動車 | [Link](https://longbridge.com/en/news/276323878.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.