Earlier quoted context omitted.
From TFA: David Roberts When did automotive batteries become the majority of your input by volume? Colin Campbell That is a good question. David Roberts Was it recent or was that early on? Colin Campbell I would say the transition to EV batteries dominating what we received, it’s been in the last year or 18 months. David Roberts So the front edge of a very large wave of batteries has begun to arrive? Colin Campbell Y…
Reading between the lines of the corporate speak will validate my point. Redwood was founded in 2017.
Sure, so while not supplying power to a city, they are proving this is viable. Just because it's not "turn off the coal plants now" moment doesn't mean this isn't a very good direction. Everyone has to start and grow. I don't understand the whole shit on something because it's not an immediate solve. If these guys waited until 2040 to start the business, well, that'd just be dumb. It essentially sounds like capacity will just continue to increase year over year, maybe around 2040 there will be a huge spike. Doesn't seem like anything is wrong here.