Toyota Joins Redwood Materials’ EV Battery Recycling, Remanufacturing Initiative

Toyota Joins Redwood Materials’ EV Battery Recycling, Remanufacturing Initiative

US startup Redwood Materials on Tuesday said Japan’s Toyota Motor has become the latest auto industry giant to join its comprehensive electric vehicle (EV) battery recycling and remanufacturing initiative. Redwood Materials, whose partners include automaker Ford Motor and EV battery maker Panasonic Holdings, is building a closed-loop battery ecosystem aimed…