Redwood launches recycling partnership with Lyft

Recycling startup Redwood Materials, founded by former Tesla CTO JB Straubel, has entered into a new partnership. US ride-broker and sharing provider Lyft has partnered with Redwood Materials to recycle waste batteries from its e-bike and electric scooter sharing fleets.

Redwood Materials has not made any announcement regarding the collaboration at the time of publishing this article. However through Twitterthe partnership was confirmed when the company shared a related article from The edgecomment: “We collect and recycle
@lyft’s scooter and e-bike batteries to help create more sustainable, shared micromobility.”

Lyft is the largest e-bike sharing operator in North America. The article doesn’t say how large Lyft’s fleet is currently or how many batteries are involved in the usual fleet renewal process. But there’s an interesting figure: Redwood needs about 130 e-bike batteries to source materials for a new electric car battery. Jackson Switzer, senior director of business development at Redwood, calculates for The edge that an e-bike battery usually comes in at 500 Wh or 0.5 kWh. So 130 of these batteries would be needed to arrive at an average EV battery of 65 kWh.

Lyft’s operations team will remove the dead batteries from the e-bikes and, depending on the condition of the e-bike, install a new battery or recycle it as well. According to The edgethe lifespan of one of the e-bikes is about five years, while experience shows that the e-tractors are used for a shorter period of time – the batteries are then available for recycling more quickly than with electric cars.

Lyft’s used batteries are then collected and taken to the Redwood facility in Reno, Nevada. There, the company also processes Tesla production scrap and Panasonic’s Gigafactory 1, which is located on the same industrial estate.

Only last week did Redwood expand its partnership with Panasonic. Since Redwood not only reprocesses old batteries into its raw materials, but also uses them to make new battery-compatible precursors, the Japanese battery supplier wants to buy more recycled copper foil for anodes and cathode active materials from Redwood – and use them, for example, to make new battery cells at the planned Panasonic factory in Kansas.

In recent months, Redwood has entered into a number of important partnerships with Volkswagen, Toyota, Volvo, Ford and Envision AESC, among others.

theverge.com

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