Panasonic agrees to source high-nickel cathode material from Redwood for its Kansas cell plant

Redwood Materials/Recycling and materials campus

Panasonic committed to sourcing high-nickel cathode material from Redwood's Nevada facility for its new Kansas battery cell plant, targeted to launch in 2025, and to buy Redwood's anode copper foil. This represents the first cathode made at gigafactory scale in North America for US cell production, building on the companies' existing relationship through battery scrap recycling.

• Panasonic will source Redwood's high-nickel cathode for its Kansas cell plant coming online in 2025.
• Also first long-term buyer of Redwood's anode copper foil, establishing a closed-loop domestic supply system.
• First cathode made at gigafactory scale in North America for US battery cell manufacturing, extending prior scrap-recycling partnership.