Toyota to use recycled materials in battery production in the US

11/20/2023

The North American division of Toyota, a Japanese automaker, and Redwood Materials Inc., a US-based company, have expanded their 2022 agreement to recycle batteries from Toyota's fully powered and hybrid vehicles.

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The terms of the new agreement were not made public. It is known that Redwood will provide copper foil for anodes and recycled cathode-active materials to Toyota so that the company may produce fresh batteries at its facility in North Carolina.

Toyota intends to open the facility around 2025. An estimated $14 billion will be invested in the project.

By 2035, the Japanese business wants all of its global operations and its cars to be carbon neutral.

source: reuters.com