News Summary

• Redwood Materials wants to help companies sidestep yearslong waits for electricity by building on-site energy systems with recycled electric vehicle batteries.
• The battery recycling startup is expanding beyond collecting and processing old EV batteries.
• It's increasingly pitching itself as a way for AI data centers to get power faster, without waiting for new connections to America's backed-up electric grid.
• "Connecting to the grid can take years," Redwood CEO JB Straubel wrote in a blog post on Wednesday.