GM and Redwood teaming up to make batteries for energy storage
Redwood Materials’ energy storage system in Nevada. | Image: Redwood Materials
General Motors and Redwood Materials are joining forces yet again, this time with the intent to build energy storage units made out of new batteries and recycled EV packs.
The two companies signed a non-binding memorandum of understanding to build energy storage out of US-manufactured batteries, as well as “second-life” EV packs from GM’s vehicles. The announcement comes on the heels of Redwood’s decision...