Toyota to source battery materials from Redwood Materials

Toyota has agreed to source Redwood’s cathode active materials and anode copper foil as part of its production in Toyota’s upcoming North Carolina battery manufacturing plant.

Last year, Toyota and Redwood announced they would create a closed-loop solution for batteries. Initially, the agreement focused on the collection, testing and recycling of Toyota hybrid electric vehicle batteries, in an effort to create end-of-life pathways for those batteries. Eventually, the joint effort would expand into other areas, including battery materials supply, in North America.  

According to Redwood, this new agreement represents the first time that an automaker is both recycling end of life hybrid electric vehicle batteries, like those used in the Toyota Prius, and then returning those same recycled metals into that same automaker’s batteries for use in future electrified and all-electric vehicles.

For Toyota’s products, Redwood is targeting a minimum of 20% recycled nickel, 20% recycled lithium, and 50% recycled cobalt, in the cathode and 100% recycled copper in the anode copper foil. Materials will be produced from as many recycled batteries as available but will also need to be augmented with sustainably mined material. 

Redwood is expanding its Northern Nevada facility and will soon break ground on a second Battery Materials Campus, outside Charleston, South Carolina. Both of Redwood’s campuses will recycle, refine, and manufacture battery materials, aiming to scale production of components to 100 GWh annually.