Recycled EV Batteries Power AI Data Centers and Microgrids
As over 100,000 used EVs are set to retire in the US this year, their batteries, which often still retain over 50% capacity, can be repurposed into stationary energy storage systems to support the grid and reduce environmental impact. Redwood Materials is leading this effort, turning old EV batteries into second-life energy solutions, which are expected to grow significantly alongside the expanding EV market. The industry is poised for rapid growth, with recycling and second-life markets projected to reach billions in the coming decades.