Electric Vehicles
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
This article is for subscribers only.
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.