Redwood Materials (Founded by Tesla’s ex-CTO & cofounder JB Straubel) has agreements with Ford, Volvo, and Toyota and currently recycles 6GWh of cells annually [1] [2]

Sourcing from recycled cells is cheaper than mined inputs. With that said, batteries last much longer than anticipated [3] [4], so while it’s environmentally responsible to recycle end of life cells (versus landfilling or them ending up in an incinerator), they won’t be a significant material stream for some time.

[1] https://www.redwoodmaterials.com/news/redwood-materials-crea...

[2] https://www.autoweek.com/news/green-cars/a40613774/redwood-m...

[3] https://news.ycombinator.com/item?id=32758881

[4] https://www.forbes.com/sites/carltonreid/2022/08/01/electric...