As a result of Cirba Solutions' extensive and well-established transportation and recycling networks, Toyota Motor North America has nationwide battery collection and recycling service, resulting in lower costs and lower operational carbon footprints, according to Christopher Yang, Toyota Motor North America's group vice president of Business Development. "We are now closer to our ultimate goal of creating a sustainable, closed-loop ecosystem for our automotive batteries.
Using Cirba Solutions' extensive and well-established transportation and recycling network, Toyota Motor North America is assured of nationwide battery collection and recycling that will reduce both its operational carbon footprint as well as its operational costs," said Christopher Yang, Toyota Motor North America's group vice president, Business Development. As a result, we are one step closer to achieving our ultimate goal of creating a closed-loop, sustainable eco-system for our automotive batteries.
Having been one of the largest battery recycling companies in North America for over a decade, Cirba Solutions offers a coast-to-coast collection and recycling network and is one of the largest battery recycling companies in the world. There will be a collaboration between Toyota and Cirba Solutions and the focus will be on the collection, transportation, dismantling and processing of lithium-ion electrified vehicle batteries that have reached the end of their useful lives in the Midwest and East Coast.. As part of the Bipartisan Infrastructure Law, Cirba Solutions' Lancaster, Ohio facility recently received an $82+ million grant from the Department of Energy that will allow it to process the data. In order to achieve a maximum 95 percent recovery rate from scrap and end-of-life batteries, this facility will use advanced technology to extract critical minerals from scrap and end-of-life batteries, then supply battery-grade metals back into the supply chain
In order to achieve a maximum 95 percent recovery rate from scrap and end-of-life batteries, this facility will use advanced technology to extract critical minerals from scrap and end-of-life batteries, then supply battery-grade metals back into the supply chain
As part of our partnership with Toyota, we are moving towards a long-term vision of a sustainable closed-loop battery supply chain in North America. Our purpose is aligned with Toyota's growing electric vehicle line-up in North America, and we are pleased to partner with them, said Jay Wago, Cirba Solutions' chief commercial officer.
There are approximately 25,000 used automotive batteries that Toyota collects from its dealership network each year, the majority of which are nickel-metal hydride batteries that are found in its hybrid electric vehicles. As the number of battery electric vehicles it sells increases in the future, it anticipates the number of batteries, particularly end-of-life lithium-ion batteries, will increase.. According to Toyota's agreement with Cirba Solutions, the company anticipates that by reducing the average number of miles driven for collection and recycling from 1,251 to 582, based on 2022 data, and by focusing on the Midwest and East Coast regions, Toyota will have at least 70 percent fewer transportation and logistics costs.. There are some cases, such as the Cincinnati region, where the new recycling collaboration is expected to reduce the total mileage driven for these activities by around 94 percent in some cases. It is also anticipated that by reducing the amount of miles driven for collection and recycling activities, the company will also be able to reduce the amount of transportation-related emissions that are generated as a result of those activities
It is also anticipated that by reducing the amount of miles driven for collection and recycling activities, the company will also be able to reduce the amount of transportation-related emissions that are generated as a result of those activities
Throughout the globe, Toyota has been the number one seller of electrified vehicles for more than 25 years, and, in North America, Toyota has sold more than 6,000 electrified vehicles..Since 2000, there have been more than 2 million combined PHEVs and HEVs. As the market for electrified vehicles has evolved over the last decades, Toyota has been focused on finding ways to recycle, remanufacture, or repurpose automotive batteries used in Toyota's electrified vehicles that have reached the end of their life cycle, a number that is set to increase in the years to come.. As a matter of fact, Toyota projects that the amount of end-of-life batteries it uses by 2030 will likely double
As a matter of fact, Toyota projects that the amount of end-of-life batteries it uses by 2030 will likely double
Toyota Battery Manufacturing North Carolina (TBMNC), which is currently under construction and is scheduled to be operational in 2025, has a total investment of nearly $14 billion. It is expected that the plant will be opened in 2025 and will have a total investment of nearly $14 billion. In addition to supporting vehicles assembled in North America, the North Carolina plant will have a phased ramp up process for production that will begin in 2021, resulting in the creation of more than 5,000 new jobs.
Toyota (NYSE:TM) has been a part of the cultural fabric in North America for over 65 years and is committed to advancing sustainable, next-generation mobility through their Toyota and Lexus brands, as well as their more than 1,800 dealerships across the country.
As of today, Toyota employs more than 63,000 people directly in North America who have contributed to designing, engineering, and assembling over 45 million vehicles in our 13 manufacturing facilities. The company plans to manufacture automotive batteries for electrified vehicles at its 14th plant in North Carolina by 2025. In addition to offering 26 electrified models on the road, Toyota has more electrified vehicles on the road than any other automaker. To learn more about Toyota, please visit ToyotaNewsroom.com.
Source prnewswire
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