EV battery component maker Redwood Materials has just broke ground on their massive new $3.5 billion plant at the new Battery Materials Campus, situated in the Camp Hall Commerce Park in northern Berkeley County. The company’s new anode recycling and battery component manufacturing facility will span over 600 acres.
The company’s $3.5 billion investment, marks the largest economic development announcement in the history of South Carolina, and is expected to create 1,500 new jobs.
Founded in 2017, Redwood Materials stands out as the world’s first company to recycle used electric vehicle batteries and other battery types. It extracts vital components from these batteries, which are currently sourced exclusively from Asia, and supplies them to car manufacturers for use in new electric vehicle batteries.
Gena Glaze
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