Redwood Materials, the lithium-ion battery recycling startup founded by former Tesla CTO JB Straubel, is partnering with Toyota to collect, refurbish and recycle batteries and battery materials that can be sent to the Japanese automaker’s upcoming North Carolina battery plant.
The partnership, which will only collect batteries from Toyota’s hybrid and electrified vehicles, comes as the first wave of Toyota Prius hybrids, which were released over 20 years ago, retire from the roads.
It’s also the latest in a string of partnerships between Redwood and OEMs, including Proterra,
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