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Redwood Materials acquires European battery recycler in expansion push

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Redwood Materials said Tuesday it acquired lithium-ion battery recycler Redux Recycling, a purchase meant to accelerate U.S. company’s expansion into Europe. This is Redwood’s second acquisition since former Tesla co-founder and CTO JB Straubel founded the battery materials and recycling startup in 2017. Last year, Redwood acquired a small UK recycling technology company. The company […]
Source: TECCRUCH

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