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Tesla Co-Founder Joins With Toyota to Recycle Car Batteries

  • Redwood Materials and carmaker to collect and repurpose cells
  • Battery recycling company to build facility near Toyota plant
J.B. Straubel
J.B. StraubelPhotographer: Aaron M. Sprecher/Bloomberg
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Toyota Motor Corp. is tying up with Redwood Materials Inc., a battery recycling company created by Tesla Inc. co-founder J.B. Straubel, to collect and repurpose cells from some of the earliest battery-powered vehicles.

The world’s biggest automaker and Redwood plan to create a “closed-loop” supply chain for electric-vehicle batteries that involves collecting end-of-life cells for reuse and repurposing of materials, according to a statement Tuesday.