Woodcliff Lake, NJ & Reno, NV -- September 19,
2024… BMW of North America and Redwood Materials announced
today a partnership to recycle lithium-ion batteries from all
electric, plug-in hybrid-electric, and mild hybrid BMW, MINI,
Rolls-Royce, and BMW Motorrad vehicles in the U.S. The partnership
demonstrates a shared commitment to sustainability, and is the next
step towards creating a closed-loop circular value chain for
lithium-ion batteries in the U.S.
Redwood Materials will work directly with BMW Group's extensive
network of close to 700 locations across the U.S., including
dealerships, distribution centers, and other facilities to recover
end-of-life lithium-ion batteries and ensure critical minerals like
nickel, cobalt, lithium, and copper are recycled and refined.
Ultimately, 95% - 98% of these critical minerals will be returned to
the battery supply chain to build increasingly sustainable electric
vehicles. The materials inside of a battery are nearly infinitely
recyclable and are not consumed or lost in their lifetime of usage in
the vehicle. Additionally, Redwood’s processes have a significantly
smaller environmental impact than conventional mining or other
recycling technologies, reducing energy by 80%, CO2 emissions by 70%,
and water by 80%.
“Together with Redwood Materials, BMW is laying the groundwork for
the creation of a fully circular battery supply chain in the U.S.,”
said Denise Melville, Head of Sustainability, BMW of North America.
“We have said before that the future of BMW was electric, digital, and
circular, and this agreement brings us a step closer to meeting that goal.”
Redwood Materials currently operates a campus in Reno, Nevada where
battery components are recycled, refined, and manufactured. A second
Redwood Materials campus is under construction in Charleston, South
Carolina, not far from BMW Group Plant Spartanburg and Plant Woodruff,
where BMW will assemble at least six fully electric models, and the
high-voltage battery packs for those vehicles, before the end of the
decade. The company’s battery cell manufacturing partner, AESC is also
nearby in Florence, SC.
BMW Group was among the first automakers to establish operations in
South Carolina when it broke ground in Spartanburg in 1992. Over the
past 30 years, the plant has expanded several times to its current
size of 8-million-square-feet. With an annual capacity of up to
450,000 vehicles, Plant Spartanburg is currently the largest single
BMW plant in the world.
“The transition to electric mobility presents a tremendous
opportunity to rethink how we manage the batteries that power our
clean energy future”, said Cal Lankton, Chief Commercial Officer at
Redwood Materials. “Our partnership with BMW of North America ensures
responsible end-of-life battery management that will improve the
environmental footprint of lithium-ion batteries, help decrease cost
and, in turn, increase access and adoption of electric vehicles.”
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BMW Group in America
BMW of North America, LLC has been present in the United States
since 1975. Rolls-Royce Motor Cars NA, LLC began distributing
vehicles in 2003. The BMW Group in the United States has grown to
include marketing, sales, and financial service organizations for the
BMW brand of motor vehicles, including motorcycles, the MINI brand,
and Rolls-Royce Motor Cars; Designworks, a strategic design
consultancy based in California; a technology office in Silicon
Valley, and various other operations throughout the country. BMW
Manufacturing Co., LLC in South Carolina is the BMW Group global
center of competence for BMW X models and assembles the X3, X4, X5, X6
and X7 Sports Activity Vehicles as well as the BMW XM. The BMW Group
sales organization is represented in the U.S. through networks of 350
BMW passenger car and BMW Sports Activity Vehicle centers, 144 BMW
motorcycle retailers, 104 MINI passenger car dealers, and 38
Rolls-Royce Motor Car dealers. BMW (US) Holding Corp., the BMW
Group’s sales headquarters for North America, is located in Woodcliff
Lake, New Jersey.
Journalist note: Information about BMW Group and its products in the
USA is available to journalists on-line at www.bmwusanews.com,
www.miniusanews.com and www.press.bmwna.com.
About Redwood Materials
Redwood Materials is creating a circular supply chain to drive down
the environmental footprint and cost of lithium-ion batteries and the
electric vehicles and sustainable energy storage systems they power.
Founded by JB Straubel, the Nevada-based company is offering
large-scale sources of sustainable battery materials produced at scale
in the U.S. for the first time. Redwood is ramping its Northern Nevada
facility and has broken ground on its second Battery Materials Campus,
outside Charleston, South Carolina. Both of Redwood’s campuses will
recycle, refine, and manufacture battery materials, aiming to scale
production to 100 GWh annually. More information is available at redwoodmaterials.com.
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