Areas embody end-of-life battery options for its battery ecosystem, together with battery assortment, testing & analysis, remanufacturing, recycling and battery supplies manufacturing
PLANO, Texas and CARSON CITY – WEBWIRE – Tuesday, June 21, 2022
Toyota Motor North America (Toyota), as a part of its dedication to scale back its environmental footprint yr after yr and obtain carbon neutrality by 2050, has launched into a mission to create a sustainable, closed-loop battery ecosystem for its electrified powertrains. This mission focuses not solely on the gathering, testing and recycling of batteries into uncooked supplies to create a sustainable provide chain, but additionally goals to develop second-life alternatives for remanufactured and repurposed Toyota hybrid electrical car batteries by leveraging battery well being screening instruments and empowering knowledge from its automobiles.
In reference to these targets, Toyota and Redwood Supplies (Redwood) will discover a collection of end-of-life battery options for Toyotas proposed battery ecosystem. Initially, this collaboration will deal with the gathering, testing and recycling of Toyota hybrid electrical car batteries. The businesses will then look to develop into different areas corresponding to battery well being screening and knowledge administration, remanufacturing and battery materials provide all through North America.
We’re excited to be working with Redwood Supplies to establish options for our electrified powertrains on the end-of-life that contributes to our imaginative and prescient of making a sustainable, round battery ecosystem, stated Christopher Yang, group vp of Enterprise Growth at Toyota. We’re dedicated to creating sustainable options that permit our batteries to supply worth past the preliminary lifecycle in an electrified car. This additionally contributes to our carbon neutrality targets and our mission to construct a extra sustainable world for all.
Redwood Supplies is driving down the environmental footprint and price of lithium-ion batteries by providing large-scale sources of home anode and cathode supplies produced from recycled batteries. Redwood receives greater than ~6 GWh of end-of-life batteries yearly for recycling, that are then refined and remanufactured into important battery supplies. The corporate plans to ramp manufacturing of anode and cathode parts within the US to 100 GWh yearly by 2025, sufficient to supply a couple of million electrical automobiles a yr. Collectively, Toyota and Redwood will examine methods to seamlessly incorporate battery recycling by means of home battery supplies manufacturing into Toyotas battery manufacturing technique, starting with North America.
Toyota helped pave the best way for clear transportation with the introduction of the Toyota Prius greater than 20 years in the past. Their dedication not solely to promote hundreds of thousands of electrified automobiles this decade however to make sure their circularity into the longer term is a important step for electrification, stated JB Straubel, Redwood Supplies founder and CEO. Redwood and Toyotas shared imaginative and prescient to drive down the environmental footprint and price of transportation will proceed to speed up the adoption and entry to electrical automobiles.
Toyotas manufacturing plans embody new and elevated automotive battery manufacturing in the US. Lately Toyota introduced an funding of $1.29 billion in a brand new North American battery plant, Toyota Battery Manufacturing, North Carolina (TBMNC). When accomplished, TBMNC is anticipated to supply battery packs for 1.2 million electrified automobiles per yr. Toyota expects to promote eight million electrified automobiles globally by 2030 and make investments $70B of their growth.
Toyota (NYSE:TM) has been part of the cultural material within the U.S. for greater than 60 years, and is dedicated to advancing sustainable, next-generation mobility by means of our Toyota and Lexus manufacturers, plus our practically 1,500 dealerships.
Toyota straight employs greater than 39,000 individuals within the U.S. who’ve contributed to the design, engineering, and meeting of practically 32 million vehicles and vans at our 9 manufacturing vegetation. By 2025, Toyotas tenth plant in North Carolina will start to fabricate automotive batteries for electrified automobiles. With the extra electrified automobiles on the highway than another automaker, 1 / 4 of the corporates 2021 U.S. gross sales had been electrified.
To assist encourage the subsequent technology for a profession in STEM-based fields, together with mobility, Toyota launched its digital schooling hub at www.TourToyota.com with an immersive expertise and probability to nearly go to a lot of our U.S. manufacturing services. The hub additionally features a collection of free STEM-based classes and curriculum by means of Toyota USA Basis companions, digital subject journeys and extra. For extra details about Toyota, go to www.ToyotaNewsroom.com.
About Redwood Supplies
Redwood Supplies is making a round provide chain to drive down the environmental footprint and price of lithium-ion batteries and the electrical automobiles and sustainable power storage methods they energy. Based by JB Straubel, the Nevada-based firm is providing large-scale sources of home anode and cathode supplies produced from recycled batteries. Redwood receives greater than ~6 GWh of end-of-life batteries yearly for recycling, that are then refined and remanufactured into important battery supplies. The corporate plans to ramp manufacturing of anode and cathode parts within the US to 100 GWh yearly by 2025, sufficient to supply a couple of million electrical automobiles a yr.
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