Redwood Materials plans to increase positive and negative electrode component production to 100 GWh by 2025

Redwood Materials plans to increase its production of positive and negative electrode components to 100 GWh by 2025, which can supply 1 million electric vehicles per year. By 2030, the company plans to increase its production of positive and negative electrode components to 500 GWh, which can supply 5 million or more electric vehicles per year.