Redwood gathers $700 million in investment
The battery recycling start-up Redwood Materials, founded by ex-Tesla CTO JB Straubel, has raised more than 700 million US dollars from a group of strategic investors. The money is to be used to finance expansion.
Redwood launches battery recycling with Envision AESC
Recycling start-up Redwood Materials, founded by ex-Tesla CTO JB Straubel, is partnering with Envision AESC, the battery business sold by Nissan to Envision Group. Specifically, Redwood Materials will recycle cells from Envision AESC’s US production facility in Smyrna.
VW partner QuantumScape hits the US stock market
The solid-state battery specialist and Volkswagen partner QuantumScape went public on the US stock exchange. The company has agreed on a merger with the investment company Kensington Capital Acquisition. The shares will be traded on the New York Stock Exchange under the symbol “QS”.
Straubel reveals more on battery recycling startup
So far there has been much speculation, but little official information about Redwood Materials, the recycling start-up founded by ex-Tesla CTO JB Straubel. Now Straubel has given more details about the plans of Redwood Materials in an interview.
JB Straubel leaves Tesla for consultancy
Elon Musk announced in the context of the latest quarterly figure announcement that Tesla co-founder JB Straubel will withdraw from the operational business as Chief Technology Officer and will in future only work in an advisory capacity for Tesla. The new Tesla CTO will be Drew Baglino.
Tesla Q2: records broken and $5 billion in cash
In the second financial quarter of 2019, Tesla has produced 87,048 cars and delivered 95,356, surpassing all previous quarterly figures and enabling a similarly record-breaking cash flow. CTO, JB Straubel is stepping down after 15 years with the company.
Tesla’s recycling startup is expanded
Redwood Materials, the recycling startup founded by Tesla CTO JB Straubel, is expanding to Nevada. Possible connections to Tesla are rumoured once again, however no official statement has been released.
Skelton Technologies, ExxonMobil, JB Straubel, aluminium-air batteries.
Graphene ultracapacitors ready to launch: Skeleton Technologies has collected 13m euros in a new funding round, which it will use to bring its graphene ultracapacitors to the mass market. It is also looking to find a new client base, namely in Asia, as well as set up a production facility near the German city of Dresden from 2017.
Exxon goes new ways: Oil company ExxonMobil will invest 15m dollars in a joint research initiative with the University of Texas Austin. It will i.e. study integrating renewable energy sources in the energy mix, as well as battery technologies and grid modelling.
Tesla CTO stray: Co-founder and CTO JB Straubel has invested in start-up Axiom Energy, which makes energy storage for cooling systems. He says, he “likes batteries more than he likes cars” anyways. Or is this an indication about what the Masterplan, Part Trois will look like? Ok, probably not.
Stable aluminium-air batteries: A research team from Russia and Israel says it was able to improve the performance of aluminium-air batteries significantly by adding flax straw extract to the alkaline solution. It is said to inhibit the corrosion of the aluminium anodes.
WAVE Rally 2014, Q&A with Elon Musk and JB Straubel in Oslo.
Event tip: The ‘World Advanced Vehicle Expedition’ or WAVE Rally 2014 is said to be even bigger than last year’s event. With 305 electric cars rolling through Zurich and setting an official Guinness record last year, we wonder how big it will get this time.
youtube.com (Video of WAVE 2013) via green.autoblog.com
Video tip: Almost two weeks ago Tesla’s Elon Musk and JT Straubel were travelling Europe (we reported) to talk directly to customers and reveal more details of Model S leasing and supercharging. Follow the link to watch a recording of their ‘gig’ in Oslo, Europe’s unofficial EV capital.
youtube.com (Video) via cleantechnica.com