The partnership will initially focus on monitoring, recovering and recycling aging batteries from Toyota’s Prius and other hybrid-electric vehicles at Redwood’s facilities in northern Nevada.
Redwood Materials cofounder and CEO JB Straubel speaks during the 2022 CERAWeek conference in Houston on March 10, 2022.Redwood Materials, a battery recycler created by Tesla cofounder and former tech chief JB Straubel, is adding Toyota to a growing list of global automakers it’s working with to create a closed-loop supply chain for materials needed to power electric vehicles.
“There are a number of the same team members on the Toyota North American” side involved in the Redwood project with who Straubel worked over a decade ago, he said. “There’s no direct connection between the two projects, but it’s feeling like a surprisingly small world, especially related to EVs.”Since 2000 Toyota has sold about 2 million Prius models in the U.S. and hundreds of thousands of other Toyota and Lexus hybrids.
Redwood, which has raised over $800 million, has previously said it will be working with Ford and Volvo Cars, collecting and recycling their aging EV packs, and also works with battery giant Panasonic and lithium-ion cell maker Envision AESC.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Toyota Partners With Tesla Cofounder’s Redwood Materials To Recycle Prius, EV BatteriesRedwood is adding Toyota to a growing list of global automakers with which it’s working to recycle and refurbish batteries from the Prius and other hybrid models.
Read more »
Toyota will recycle electric vehicle batteries with Tesla co-founder’s projectThe plan is to make old batteries new again.
Read more »
2023 Toyota Crown Cross patent images surfacePatent images could preview the 2023 Toyota Crown Cross, a raised ride height version of the Toyota Crown sedan that's reportedly coming to the U.S.
Read more »
Toyota Partners With Tesla Cofounder’s Redwood Materials To Recycle Prius, EV BatteriesRedwood is adding Toyota to a growing list of global automakers with which it’s working to recycle and refurbish batteries from the Prius and other hybrid models.
Read more »
Toyota will recycle electric vehicle batteries with Tesla co-founder’s projectThe plan is to make old batteries new again.
Read more »
Car struck by bullet on Schuylkill Expressway in possible road-rage attackNo injuries were reported after a Toyota Prius was struck on Interstate 76 near Montgomery Drive.
Read more »