Toyota signs deal to buy recycled battery components from Redwood Materials
Today Toyota and leading recycling specialist Redwood Materials announced a new expansion that brings the messy and complicated global supply chain of battery components one step closer to a circular battery ecosystem, all on American soil.
The two have announced today that Redwood Materials, a US-based company specializing in recycling, refining, and remanufacturing used battery materials, will supply Toyota with cathode material and anode copper foil for its EV lineup. These components represent…