Toyota and Redwood Expand Collaboration

Toyota and US battery recycling company Redwood Materials have announced an expansion of their collaboration. Toyota will source cathode materials and anode copper foils from Redwood for their upcoming battery manufacturing facility in North Carolina. The expanded agreement builds on a previous collaboration that included the collection, testing, and recycling of batteries from Toyota hybrid vehicles.

100% recycled copper in the anode foil

For Toyota’s products, Redwood is targeting a minimum of 20% recycled nickel, 20% recycled lithium, and 50% recycled cobalt in the cathode material as well as 100% recycled copper in the anode foil. The recycled materials are to be supplemented by mined primary materials purchased from external partners. Toyota’s battery factory in North Carolina is scheduled to go into operation in 2025.

Source:
https://pressroom.toyota.com/toyota-and-redwood-materials-agree-to-battery-recycling-materials-procurement/

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