NewsApril 22, 20264 min read 118 words 60

Redwood Materials lays off 10% in restructuring to chase energy s

EVRoutes Team

EV Content Writer

The company is restructuring some teams to accommodate a booming energy storage business, according to emails viewed by TechCrunch

What's Happening

Why This Matters for EV Owners

The Bigger Picture

This development reflects broader shifts in the European EV market as charging infrastructure expands and new models enter the market..

What to Watch Next

As the EV landscape continues to evolve, developments like this shape the transition to electric mobility across Europe..

Electric Vehicles

Share this article

EV Cost Calculator

Compare EV vs petrol driving costs

Distance (km)

Electricity (€/kWh)

Efficiency (kWh/100km)

⚙️ Petrol comparison settings

Petrol price (€/L)

Petrol consumption (L/100km)

EV Cost

€4.50

18.0 kWh used

Petrol Cost

€11.20

7.0L used

Annual Savings

€1005

Based on 15,000 km/year

You save 60% with an EV€6.70 per trip

Stay in the Loop

Get the latest EV news and tips delivered to your inbox. No spam, unsubscribe anytime.

Mangrove Lithium's Expansion: Boosting EV Production with Homegrown Lithium

Vancouver-based Mangrove Lithium announces a new facility to produce 20,000 tonnes of battery-grade lithium annually, enhancing North American EV production.

Global EV Market Surges in August with 1.7M Sales, 25% YTD Growth

The electric vehicle market continues to grow at an impressive rate, with 1.7 million EVs sold in August, marking a 15% year-over-year increase and a 25% surge in year-to-date sales.

EU Loses Ground in EV Market: China, UK, Thailand, and Vietnam Lead

The EU lags behind in EV adoption, as China, the UK, Thailand, and Vietnam take the lead. T&E's analysis reveals the challenges facing the EU in meeting its CO2 emissions targets for the auto industry.