Ascend Elements begins construction on Kentucky’s largest electric vehicle battery recycling and engineering materials manufacturing facility.
Ascend Elements has kicked off construction of its largest electric vehicle battery recycling and engineering materials manufacturing facility with a groundbreaking ceremony. Fast-growing start-up leaders joined Gov. Andy Beshear, local business and community leaders, and EV battery industry executives at the noon event in Hopkinsville, Kentucky.
The facility will help meet the growing demand in North America for lithium-ion battery materials, specifically engineered precursors (pCAM) and battery compatible cathode active materials (CAM). When complete, the Apex 1 facility will produce enough pCAMs and CAMs to equip 250,000 EVs per year.
Michael O’KronelyCEO of Ascend Elements said:
Today we started building something that doesn’t exist anywhere else in the United States: a domestic source of sustainable lithium-ion cathode materials for EV batteries.
“We are in the midst of a global energy transformation, and producing lithium-ion battery materials in the United States is critical. Our future energy independence and national security depend on it. “
Governor Andy Beshear Said:
Ascend Elements’ initial announcement made history as the largest development project in Christian County, but recent announcements have seen investment grow to nearly $1 billion and create 400 full-time jobs , making it the largest investment in Western Kentucky.
“Kentucky has quickly become a national leader in the electric vehicle sector, and a substantial supplier network of innovative companies like Ascend Elements is the reason for its success. We would like to thank our leaders and can’t wait to see the Ascend Elements and Hopkinsville communities grow together.”
Ascend Elements plans to invest nearly $1 billion in its 140-acre campus and 500,000-square-foot manufacturing facility. The first-of-its-kind facility will be home to the company’s revolutionary His Hydro-to-Cathode™ direct precursor synthesis process technology. This is the most efficient and economically compelling way to bring recycled battery materials back into the battery supply chain.
This closed-loop system minimizes waste and carbon emissions compared to traditional cathode manufacturing. With potential expansion phases, the facility will employ up to 400 people and have an economic impact of up to $4.4 billion for Kentucky during construction and his first decade.
Based in Westborough, Massachusetts, Ascend Elements is a leading provider of sustainable, closed-loop battery materials solutions. From EV battery recycling to commercial scale production of Lithium Ion Battery Precursor (pCAM) and Cathode Active Material (CAM), Ascend Elements is revolutionizing the production of sustainable Lithium Ion battery materials.
The Company’s Hydro-to-Cathode™ Direct Precursor Synthesis Technology Generates New CAMs from Spent Lithium-Ion Batteries More Efficiently than Traditional Methods, Lowering Costs, Improving Performance and Lowering GHG Emissions To do.
Ascend Elements leads the lithium-ion battery industry to a higher level of sustainability by reducing batteries going to landfills and making manufacturing processes cleaner.
Ascend Elements Begins Construction of Apex 1 in Hopkinsville, Kentucky, Southwest Kentucky on October 20, 2022