By Paul Lienert
(Reuters) - Tesla co-founder J.B. Straubel wants to build his startup Redwood Materials into the world's top battery recycling company and one of the largest battery materials companies, he said at a technology conference Wednesday.
Straubel aims to leverage two partnerships, one with Panasonic Corp <6752.T>, the Japanese battery manufacturer that is teamed with Tesla <TSLA.O> at the Nevada gigafactory, and one announced weeks ago with e-commerce giant Amazon <AMZN.O>.
With production of electric vehicles and batteries about to explode, Straubel says his ultimate goal is to "make a material impact on sustainability, at an industrial scale."
Established in early 2017, Redwood this year will recycle more than 1 terawatt-hours' worth of battery scrap materials from the gigafactory — enough to power more than 10,000 Tesla cars.
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