With BMW and Redwood Materials joining forces, is the long-term sustainability of electric vehicles now within reach?

Although 70% of the world’s reserves of lithium carbonate (from which it is mined) are in Argentina, Australia and Chile, processing it into a form suitable for use in batteries is a business currently dominated by China.

BMW of North America struck a deal to recycle lithium-ion batteries from all of its electrified vehicles with Redwood Materials, the companies announced today. The German automaker said it would instruct its dealers to send old batteries from all of its electrified models,