Toyota Selected to Receive $4.5 Million in Federal Funding for Development of Technology to Support a Circular Domestic Supply Chain for Electric Vehicle Batteries

ANN ARBOR, Mich. (Dec. 18, 2024) – Toyota announced today that Toyota Engineering & Manufacturing North America, Inc. (TEMA), inclusive of Toyota Motor North America (TMNA) R&D, has been selected to receive $4.5 million in funding from the U.S. Department of Energy, Advanced Research Projects Agency-Energy (ARPA-E). The funding is part of the Catalyzing Innovative Research for Circular Use of Long-lived Advanced Rechargeables (CIRCULAR) Program, designed to support a circular domestic supply chain for electric vehicle (EV) batteries.