SK ecoplant and Ascend Elements to Build New Lithium-ion Battery Recycling Facility in Southwest Kentucky
U.S.-based Ascend Elements is partnering with South Korea-based SK ecoplant and its e-waste recycling subsidiary, TES, to build a $65 million lithium-ion battery recycling facility in Hopkinsville, Ky.
Ascend Elements to Relocate and Expand Corporate Headquarters and R&D Tech Center to Devens, Massachusetts
Ascend Elements today announced plans to move its corporate headquarters and research & development center from its current location to a 101,000 square foot facility at 39 Jackson Road in the Pathway Devens campus in Devens, Mass.
Ascend Elements to Engineer Sustainable Cathode Active Material (CAM) for Freudenberg e-Power Systems
Heavy-duty electric trucks, buses, and maritime vessels in North America and Europe may soon be powered by recycled battery materials. Ascend Elements, a U.S.-based manufacturer of sustainable, engineered battery materials, today announced a contract to engineer sustainable cathode active material (CAM) for Freudenberg e-Power Systems.
Ascend Elements Raises $542 Million to Accelerate Production of U.S.-engineered Lithium-Ion Battery Materials
Latest funding round is one of the largest U.S. cleantech equity private placements of 2023 to date.
Ascend Elements to Supply Sustainable Cathode Precursor (pCAM) Made from Recycled Battery Materials to Major U.S. Customer
Up to $5 billion deal signals a shift in worldwide battery material supply chains as Ascend Elements builds one of North America’s first commercial-scale NMC pCAM manufacturing facilities in southwest Kentucky.
Ascend Elements’ Innovative Battery Recycling Technology Recognized in Fast Company’s 2023 World Changing Ideas Awards
Ascend Elements’ Hydro-to-Cathode® direct precursor synthesis technology was recognized by Fast Company as one of North America’s top 20 World Changing Ideas for 2023.
Ascend Elements Opens One of North America’s Largest Electric Vehicle Battery Recycling Facilities in Georgia
Ascend Elements celebrated the grand opening of its first commercial-scale lithium-ion battery recycling facility this week.
Ascend Elements to Supply Up to 5,000 Metric Tons of Recycled Lithium Carbonate Annually to Koura, Orbia’s Fluorinated Solutions Business
Ascend Elements to supply Koura Global with up to 5,000 metric tons of recycled lithium carbonate per year for new electric vehicle batteries.
<a>Ascend Elements </a>Named to <em>Fast Company</em>’s Annual List of the World’s Most Innovative Companies for 2023
Ascend Elements has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2023. The company is ranked No. 3 in the Energy and Sustainability category.
<a>Ascend Elements and Honda </a>Reach Basic Agreement to Collaborate on Procurement of Recycled Lithium-ion Battery Materials in North America
Ascend Elements today announced a basic agreement with Honda Motor Co., Ltd. to collaborate on stable procurement of recycled lithium-ion battery materials for Honda electric vehicles in North America.
<strong>Ascend Elements Recognized on the 2023 Global Cleantech 100 List for Second Year in Row</strong>
Ascend Elements, a U.S.-based battery recycling and engineered materials company, was today named to the Global Cleantech 100 list for the second year in a row. The Cleantech Group considers the 100 companies on the list to be the top innovators in the climate tech space,
2022: A Year of Growth and Innovation
The people of Ascend Elements accomplished great things in 2022. We started the year as Battery Resourcers with about 60 employees and we are ending the year as Ascend Elements with more than 170 team members! Take a look back at the past 12 months.
New Research: Americans Warming Up to Electric Vehicles, but Many Misconceptions Remain
Electric vehicle battery recycling is a booming industry – and the key to lowering the carbon footprint of EVs – but nearly half of Americans mistakenly believe lithium-ion EV batteries are destined for landfills.
Business Insider Exclusive: Battery-recycling startup Ascend Elements just pulled in $800 million in funding. Here’s why investors are betting on it.
Business Insider: The burgeoning battery-recycling startup Ascend Elements is sitting on a fresh $800 million. Founded in 2015, Ascend Elements says its tech can get car companies and their battery-makers the materials they need at a lower cost
Ascend Elements Secures $300 Million in Funding
Ascend Elements, a U.S.-based engineered materials and lithium-ion battery recycling company, today announced it has secured $300 million in equity and debt financing, including $200 million in Series C equity investments from an international group of strategic and financial investors.
Ascend Elements Begins Construction of Apex 1 in Southwestern Kentucky
Ascend Elements began construction of its largest electric vehicle battery recycling and engineered materials manufacturing facility with a ceremonial groundbreaking today. Leaders of the fast-growing startup were joined by Gov. Andy Beshear, local business and community leaders, and EV battery industry executives during the midday
Ascend Elements Awarded $480M in Grants from U.S. Department of Energy to Manufacture Sustainable Battery Cathode Active Materials
Ascend Elements announced today that it has been awarded grants from the U.S. Department of Energy’s Bipartisan Infrastructure Law (BIL) Battery Materials Processing and Battery Manufacturing Initiative. The awards, totaling $480M in matching funds
Ascend Elements and EcoPro Group Collaborate to Supply Recycled Battery Materials to North American EV Industry
Ascend Elements and EcoPro Group today announced a memorandum of understanding (MOU) agreement to cooperate in the development, qualification, and integration of recycled battery materials into EcoPro’s cathode products. The agreement paves way for a sustainable, closed-loop supply of domestic lithium-ion battery materials in the United States.
Introducing Base 1: Ascend Elements’ First Commercial-scale EV Battery Recycling Facility
Take a look inside Base 1, Ascend Elements’ first commercial-scale EV battery recycling facility in Covington, Georgia. When fully operational in Q4 2022, the facility will recycle 30,000 metric tons of lithium-ion batteries and manufacturing scrap a year. That’s about 70,000 electric vehicle batteries per year
The Wall Street Journal: Ascend Elements raises more than $300 million, as cash pours into battery recycling companies
Jaguar Land Rover and South Korean conglomerate SK Group are among the investors putting more than $300 million into Ascend Elements, a startup that aims to serve an emerging center of battery production in the Southeastern U.S.
SK ecoplant Invests $50 Million in Ascend Elements
SK ecoplant’s $50 million investment will help accelerate the commercialization of Ascend Elements’ innovative Hydro-to-Cathode™ direct precursor synthesis technology, which quickly and efficiently transforms recycled lithium-ion batteries and manufacturing scrap into high-performance, customized EV battery cathode precursor and cathode active materials.
Ascend Elements to Invest up to $1 billion in Southwest Kentucky EV Battery Materials Manufacturing Facility
Ascend Elements today announced plans to invest up to $1 billion to build a sustainable lithium-ion battery materials facility in Hopkinsville, Ky.,
CEO Mike O’Kronley and Ascend Elements Featured on CNBC’s “Clean Start” Series
Massachusetts-based Ascend Elements, has developed a process to capture battery metals and formulate them into new battery materials, rather than just recycle whole components as competitors do. Ascend can then sell those materials directly to manufacturers.
Ascend Elements to Recycle Lithium-ion Battery Manufacturing Scrap for SK Battery America
Ascend Elements’ Covington, Georgia facility will recover 98% of battery materials and return critical elements to the battery supply chain.