Redwood Materials, the battery recycling company founded by a former Tesla CTO, is undergoing restructuring that includes the departure of COO Chris Lister and several VPs. The changes suggest internal reorganization amid broader industry challenges in the battery and EV supply chain sector. While notable for its high-profile executive exits, the news reflects operational adjustments rather than a major technological or market shift.
Background
Redwood Materials is a battery recycling and materials company founded by former Tesla CTO JB Straubel, focused on creating a circular supply chain for electric vehicle batteries. The company has raised significant funding and partnered with major automakers to support sustainable battery production.
- Source
- TechCrunch
- Published
- Apr 24, 2026 at 06:44 AM
- Score
- 5.0 / 10