Toyota, Affiliates Begin Hybrid Car Battery Recycling Program in Japan
TOKYO -- Toyota Motor Corp. (7203.TO) said Thursday that, along with three other companies, it has started the world's first recycling business for the nickel in hybrid-vehicle batteries for re-use in such batteries.
Toyota Chemical Engineering Co., wholly owned by Toyota Tsusho Corp.(8015.TO), along with Sumitomo Metal Mining Co. (5713.TO) and Toyota's battery production subsidiary, Primearth EV Energy Co., will work with the car maker to recycle the nickel in nickel-metal-hydride batteries, Toyota said.
Toyota Tsusho is a Toyota Motor-affiliated trading company.
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