TOYOTA

Company partners to recycle end-of-life traction batteries

According to former Tesla CTO and co-founder Jeffrey Brian Stroubel, over time, the electric vehicle industry will be able to almost completely meet its raw material needs for traction batteries through recycling. Toyota Motor partnered with Strobel's Redwood Materials to recycle end-of-life traction batteries in the United States.

More than twenty years ago, Toyota began selling hybrid cars powered by nickel-metal hydride batteries. Many of the machines in the first batch are already running out of resources, so it's time to think about recycling them. The agreement with Toyota includes testing and screening of used traction batteries for further processing at Redwood Materials' Nevada facility. An additional facility in the southeastern United States will allow Redwood Materials to service not only Toyota's future traction battery facility in North Carolina, but also Ford and SK On's operations in Tennessee and Kentucky.

Redwood Materials receives more than 6 GWh of traction batteries annually for recycling. By the middle of the decade, it expects to increase the production of recycled materials for cathodes and anodes to 100 GWh per year, which will be enough to produce one million electric vehicles. By the end of the decade, refining volumes will be five times greater. It is still difficult to predict the scale of cooperation between Redwood Materials and Tesla, as there are still no official agreements between them, but the latter expects to produce 20 million electric vehicles annually by 2030, with a potential global market capacity of 40 million. million electric vehicles.

AVnews