Green Car Stock

Discarded Cellphones Could Boost EV Battery Production

In order to power the future generation of electric cars, the Audi company recently teamed up with Redwood Materials to gather all batteries that can be recharged from consumer cell phones, laptops, and other everyday electronics. No less than 10 Audi dealers across the United States have made the decision to take part in the effort, with the company hoping that additional dealers will join in the months to come.

Consumers drop off the devices at dealer stores; the devices are then transported to Redwood establishments in Nevada to be sorted, recycled and rebuilt to produce lithium and cobalt — the two metals needed for the production of electric vehicle batteries.

The demand for lithium, cobalt and nickel minerals, which are mined from foreign mines with negative human and environmental impacts, has increased as more people gain interest in electric vehicles.

According to Alexis Georgeson, if consumer rechargeable batteries are recycled, this can lessen the forceful mining of the crucial minerals and aid in local production that satisfies the objectives of the government as well as those of the car manufacturers. While speaking to ABC News, Georgeson said the largest market for li-ion gadgets is the United States, where consumers are eager to replace these devices.

Redwood is also responsible for recycling lithium batteries from cars that have reached the end of their useful lives in order to extract the crucial minerals that are then reproduced into cathodes, a critical component in electric vehicle batteries. In addition, Redwood remanufactures anode oil from scrap metal obtained from Tesla’s Nevada gigafactory.

The possibility for recycling is enormous, since there is a rising need for automakers to incorporate recycled material in their automobiles in order to enjoy the new tax credit for electric vehicles that is dependent on automakers that source their metal components locally, whether through local mining or local recycling.

According to Redwood, in a li-ion battery, elements including lithium, cobalt, nickel, aluminum, copper and graphite can typically be recovered at a rate of above 95%. These resources can be subsequently used to create batteries for future EVs, returning straight to the supply network.

The United States chooses not to rely on other countries, such as China, to fulfill its environmental aspirations. However, recycled components currently account for only 20% of the world’s need for lithium and cobalt.

According to experts, local mines in Northern America must be located. The entire globe has adequate resources to sustain the expansion of electric vehicles by numerous startups such as NIO Inc. (NYSE: NIO) if miners can extract minerals more safely without harming the ecosystem.

About Green Car Stocks

Green Car Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.

To receive SMS text alerts from Green Car Stocks, text “Green” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.greencarstocks.com

Please see full terms of use and disclaimers on the Green Car Stocks website applicable to all content provided by GCS, wherever published or re-published: https://www.greencarstocks.com/Disclaimer

Green Car Stocks
Los Angeles, CA
www.greencarstocks.com
415.949.5050 Office
Editor@GreenCarStocks.com

Green Car Stocks is part of the InvestorBrandNetwork.

Lacey@GCS

Share
Published by
Lacey@GCS

Recent Posts

EU to Unveil New CO2 Rules for Fleets this December

Automotive sector sources cited by Automobilwoche report that the European Commission plans to reveal its…

7 hours ago

Tesla Records Declining Sales in Europe in October

Tesla's October performance across Europe painted a grim picture for the American automaker. Sales plummeted…

1 day ago

Why EVs Could Soon Be Cheaper Than Gas Cars

Electric vehicle prices are falling faster than ever across the United States, Europe, and China,…

3 days ago

Reports Indicate Canada is Poised to Lift Tariffs on EVs from China

Canada has initiated a formal review of its 100% tariff on electric vehicles imported from…

1 week ago

France Starts Testing Motorway That Can Charge EVs

France has begun testing a motorway system capable of recharging electric vehicles as they travel…

1 week ago

Hyundai Seeks Patent for EV Battery Resembling Gas Engine

Hyundai Motor Company has filed a patent for an unconventional battery architecture that positions energy…

1 week ago