Toyota plans to source battery materials from Redwood Materials in North America
The new agreement builds on the collaboration with Redwood announced in 2022 for battery collection and recycling of Toyota’s hybrid and BEV batteries
Deepening its existing partnership with US-based, battery-materials recycling company Redwood Materials, Toyota Motor North America (TMNA) said Nov. 16 that it plans to source cathode active material (CAM) and anode copper foil from Redwood to secure necessary supplies for its electric vehicle battery manufacturing plans in the region.
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