Panasonic Announces Game-Changing Plan To Give Old EV Batteries New Purpose: 'It Would Be A Big Step Toward Winning In The EV Battery Market'

29 Oct 2023 | Abstracted from The Cool Down

"Panasonic Energy...will be working with U.S.-based startup Redwood Materials to extract these materials and produce cathodes (one of the electrodes) at Panasonic's plant in De Soto, Kansas...process will help to create what Redwood calls a 'circular supply chain.'

"Used batteries contain a higher concentration of resources compared to ore and require less energy to smelt...Depending on resource prices, recycled batteries can be cheaper."

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